The production manager is typically responsible for the direct labor rate variance.It is difficult to hold an individual manager responsible for the direct labor rate variance because many factors can influence the wage rate.
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Q1: The budget that is based on a
Q2: Easily attainable standards are the best for
Q3: A standard cost system initially records manufacturing
Q4: A standard cost card shows what the
Q5: A price standard is the price that
Q7: The flexible budget can be used as
Q8: The variable overhead rate variance is the
Q9: The price variance for direct labor is
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