Holleyman Industries is a leading manufacturer of golf balls. Each golf ball requires 1 minute of direct
Question:
Holleyman Industries is a leading manufacturer of golf balls. Each golf ball requires 1 minute of direct labor time to complete.
Holleyman used 7,200 direct labor hours in July to produce 420,000 golf balls. Holleyman's standard labor rate is $9 per direct labor hour, and the actual labor rate in July was $8.75.
Required
Calculate Holleyman's direct labor efficiency variance for July.
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