COTB MC Qu$.10-38($Algo$)$ Assume the following:

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Assume the following:

The standard labor rate per hour is $$17\mathrm{.}75.$

The standard labor$-$hours allowed per unit of finished goods is $3$ hours.

The actual quantity of labor hours worked during the period was $44,500$ hours.

The total actual direct labor cost for the period was $$726,000.$

The company produced $15,000$ units of finished goods during the period.

What is the labor efficiency variance?

Multiple Choice

$$8,875$ U

$$8,875$ F

$$63,875$ U