Question
In a review of your income statement for this last period, a comparison of your widget sales to direct labor shows an unfavorable variance of
In a review of your income statement for this last period, a comparison of your widget sales to direct labor shows an unfavorable variance of 8%. Sales increased by 20%, so you would expect an increase of 5% in direct labor. How might this be explained ?
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Auditing An International Approach
Authors: Wally J. Smieliauskas, Kathryn Bewley
6th edition
978-0070968295, 9781259087462, 978-0071051415
