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The following labor standards have been established for a particular product: Standard labor-hours per unit of output 8.8 hours Standard labor rate $ 12.60 per

The following labor standards have been established for a particular product:

Standard labor-hours per unit of output 8.8 hours
Standard labor rate $ 12.60 per hour

The following data pertain to operations concerning the product for the last month:

Actual hours worked 6,600 hours
Actual total labor cost $ 80,520
Actual output 950 units

What is the labor efficiency variance for the month?

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