Final Answer:
The direct materials efficiency variance for this transaction is $2,200.
Step-by-step explanation:
In accounting, the direct materials efficiency variance measures the difference between the actual quantity of materials used and the standard quantity allowed for the actual production.
The given journal entries indicate that there is a credit to the Direct Materials Efficiency Variance account for $2,200.
This credit to the efficiency variance account suggests that the actual usage of direct materials was more efficient than the standard allowed quantity, resulting in cost savings.
The credit to the Direct Materials Control account for $34,100 represents the actual cost of the materials used.
The debit to the Work-in-Process Control account for $36,300 indicates the total cost of work in process, which includes both direct materials and other manufacturing costs.
Therefore, the $2,200 credit in the Direct Materials Efficiency Variance account reflects a favorable variance, meaning that the actual usage of direct materials was more efficient than expected, resulting in a cost saving of $2,200 in the production process.
This is a positive outcome for the company as it indicates efficient utilization of resources in the manufacturing process.