Neil's Service Shop performs routine vehicle maintenance. One such service is tire rotations. Neil's reports the following budgeted and actual amounts for tire rotations for the month of August. 
What is the labor efficiency variance for the month of August?
Definitions:
Price
The amount of money required to purchase a good or service.
Average Price
The sum of all the prices of all the units sold divided by the number of units.
Return
The gain or loss on an investment over a specified period, expressed as a percentage of the investment's initial cost.
Profits
Financial gains obtained when the revenue generated from business activities exceeds the expenses, costs, and taxes needed to sustain the operation.
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