Question: What is the labor efficiency (quantity) variance? Bridgeport Electronics completes job #389, which has a standard of 450 labor hours at a standard rate of

What is the labor efficiency (quantity) variance?

Bridgeport Electronics completes job #389, which has a standard of 450 labor hours at a standard rate of $24.75 per hour. The job was completed in 480 hours, and the average actual labor rate was $23.90 per hour. What is the labor efficiency (quantity variance? (A negative number indicates a favorable variance and a positive number indicates an unfavorable variance

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