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Select the formula to calculate direct labor cost and efficiency variances, then enter the variance amounts. (Label each variance as favorable (F) or unfavorable (U).)
Select the formula to calculate direct labor cost and efficiency variances, then enter the variance amounts. (Label each variance as favorable (F) or unfavorable (U).)
| Formula | Variance | ||||
| Direct labor cost variance | = | = | |||
| Direct labor efficiency variance | = | = |
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Interpreting And Analyzing Financial Statements
Authors: Karen P Schoenebeck, Mark P Holtzman
5th Edition
0136121985, 9780136121985
