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The following relateds to New York Company's direct labor costs for the month of March: Direct Labor Hours (Actual) 34,500 Direct Labor Hours (Standard) 35,000

The following relateds to New York Company's direct labor costs for the month of March:

Direct Labor Hours (Actual) 34,500

Direct Labor Hours (Standard) 35,000

Direct Labor Payroll (Actual) 241,500

Direct Labor Efficiency Variance 3,200 Favorable

What is New York's Direct Labor Rate/Price Variance?

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