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J and Y manufacturing incurs variable overhead costs simultaneously with direct labour costs. For J and Y, which is true? 1. Standard rates for direct

J and Y manufacturing incurs variable overhead costs simultaneously with direct labour costs. For J and Y, which is true?

1. Standard rates for direct labour and variable overhead are same.

2. Standard quantities for direct labour and variable overhead are same.

3. None of these.

4. Actual rates for direct labour and variable overhead are same.

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