hePrescott Company is assessing its labor costs for the past fiscal year.During the fiscal year, Prescott reported
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Question:
hePrescott Company is assessing its labor costs for the past fiscal year.During the fiscal year, Prescott reported the following information:
Standard Hours10,000
Actual Hours12,000
Standard wages per hour$10
Actual wages per hour$9
What was the direct laborefficiencyvariance?
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