Compute efficiency variance for direct manufacturing labor

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Question - Randall Company's data for direct manufacturing labor for last month are as follows:

Actual hours worked = 20,000

Standard hours allowed for actual output = 21,000

Price/rate variance - unfavorable = $3,000 U

Payroll liability = $126,000

Required - Compute the efficiency variance for direct manufacturing labor?

Reference no: EM132756669

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