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During october the companys employees produced 140000 tires

Standard Tires' labor standard for the production of one bicycle tire is 4.5 hours at $8.50 per hour. During October, the company's employees produced 140,000 tires, using 610,000 hours at a total cost of $5,328,400. How much is Standard Tire's labor efficiency variance?

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Accounting Basics: During october the companys employees produced 140000 tires

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Accounting Basics: During october the companys employees produced 140000 tires

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