Fluegge Incorporated has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. 
The company has reported the following actual results for the product for December:
The labor efficiency variance for the month is closest to:
Definitions:
Interest Rate Parity Theory
Interest Rate Parity Theory is an economic theory which suggests that the difference in interest rates between two countries is equal to the expected change in exchange rates between their currencies.
Exchange Rates
The rate at which one currency can be exchanged for another, influencing international trade and capital flow between countries.
Equilibrium
In economics and finance, a state where supply equals demand, and market forces are in balance, resulting in stable prices.
WEBS Portfolios
WEBS Portfolios, originally known as World Equity Benchmark Shares, are exchange-traded funds that track international stock market indexes.
Q7: The corporate social responsibility measure of "Average
Q37: If transfer prices are to be based
Q72: Harwood Company's quality cost report is to
Q93: Devoto Incorporated has provided the following data
Q99: Chhom Corporation makes a product whose direct
Q164: Puvo, Incorporated, manufactures a single product in
Q220: Gaters Incorporated makes a single product--an electrical
Q230: The Bowden Corporation makes a single product.
Q322: Sakelaris Corporation makes a product with the
Q425: Fortes Incorporated has provided the following data