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For the stamping department of a manufacturing firm, the standard cost for direct labor is $12 per hour, and the production standard calls for 1,000 stmapings per hour. During June, 168 hours were required for actual production of 148,000 stampings. Actual direct labor cost for the stamping department for June was $2,184.

1.Calculate the direct labor efficiency variance.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9974552

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