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A job was budgeted to require 3 hours of labor per unit at $11.00 per hour.The job consisted of 8,000 units and was completed in 22,000 hours at a total labor cost of $269,500.What is the direct labor efficiency variance?
Social Loafing
The tendency for individuals to decrease their effort in goal attainment when part of a group versus when working solo.
Cohesiveness
Refers to the strength of bonds between members of a group or team, enhancing unity and commitment towards common goals.
Groupthink
A mental occurrence happening among individuals in a group, where the preference for unity or agreement leads to unwise or ineffective outcomes in decisions.
Evaluative Comments
Feedback or remarks aimed at assessing the quality, effectiveness, or value of something, often used for improvement or decision-making purposes.
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