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What is FastNet direct labor efficiency variance for August

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Question - FastNet Systems is a start-up company that makes connectors for high-speed Internet connections. FastNet has budgeted three hours of direct labor per connector, at a standard cost of $15 per hour. During August, technicians actually worked 192 hours completing 71 connectors. All 71 connectors actually produced were sold. FastNet paid the technicians $15.80 per hour. What is FastNet's direct labor efficiency variance for August?

Reference no: EM132968203

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