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The use of a relationship of total factory overhead to direct labor hours is said to be valid only within the relevant range, which means:
The use of a relationship of total factory overhead to direct labor hours is said to be valid only within the relevant range, which means:
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- Within a reasonable dollar amount for labor costs.
- Within the range of reasonableness as judged by the department supervisor.
- Within the range of observations of the cost driver.
- Within the budget allowance for overhead.
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