AH= Actual Hours SH= Standard Hours AR= Actual Rate ...
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Accounting
Actual Hours
Standard Hours
Actual Rate
Standard Rate
& Compute the direct labor rate variance and direct labor efficiency variance. Indicate whether this cost variance is favorable, unfavorable or no variance.
Compute the total overhead variance. Indicate whether this cost variance is favorable or unfavorable.
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Compute the direct labor rate variance and direct labor efficiency variance. Indicate whether this cost variance is favorable, unfavorable or no variance.
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