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If the actual direct labor hours worked is greater than the standard hours, the labor quantity variance will be and the labor rate variance
If the actual direct labor hours worked is greater than the standard hours, the labor quantity variance will be and the labor rate variance will be if the standard rate of pay is greater than the actual rate of pay
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Financial and Managerial Accounting the basis for business decisions
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
16th edition
0077664078, 978-0077664077, 78111048, 978-0078111044
