Question: Question 21 (2.5 points) Using the following information, compute Labor Efficiency Variance. Direct Materials Direct Labor Flexible Budget As-if' Budget $10,000 $19,000 $50,000 $48,000 Actual

Question 21 (2.5 points) Using the following information, compute Labor Efficiency

Question 21 (2.5 points) Using the following information, compute Labor Efficiency Variance. Direct Materials Direct Labor Flexible Budget "As-if' Budget $10,000 $19,000 $50,000 $48,000 Actual Results $19,300 $47,500 $2,000 Favorable. O $2,000 Unfavorable. O $500 Favorable. $500 Unfavorable

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