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The actual cost of direct labor per hour is $6.25 and the standard cost of...

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Accounting

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The actual cost of direct labor per hour is $6.25 and the standard cost of direct labor per hour is $6.00. Two budgeted direct labor hours are allowed per finished good. During the current period, 250 Anished goods were produced using 475 direct labor hours. Calculate the labor effetency variance. $156.25 untovorable $156.25 favorable $150 unfavorable $150 favorable

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