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Jurczyk Corporation makes a product that has the following direct labor standards: In December the company's budgeted production was 4, 600 units, but the actual production was 4, 400 units.The company used 1, 330 direct labor-hours to produce this output.The actual direct labor cost was $14, 364. The labor efficiency variance for December is:
Cognitive Ability
The capacity of an individual to perform mental processes like learning, reasoning, problem-solving, and decision making.
Defamation
A legal term for any false communication, either written or spoken, that harms a person's reputation; decreases the respect, regard, or confidence in which a person is held; or induces disparaging, hostile, or disagreeable opinions or feelings against a person.
Misrepresentation
The act of providing false, misleading, or fundamentally incorrect information during the process of a transaction or any form of communication.
Misappropriation
The unauthorized, improper, or illegal use of resources, often involving funds or property entrusted to an individual's care.
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