TB MC Qu$.08-86($Algo$)$ Use the following data to find...

Use the following data to find the direct labor efficiency variance if the company produced $3,500$ units during the period.

Direct labor standard $(4$ hours @ $$7\mathrm{.}10/$hour$)$ $ $28\mathrm{.}40$ per unit

Actual hours worked $11,900$

Actual rate per hour $ $7\mathrm{.}35$