Question: The total manufacturing cost variance is the difference between actual costs and standard cost, x hours produced. the flexible budget variance plus the time variance
The total manufacturing cost variance is the difference between actual costs and standard cost, x hours produced. the flexible budget variance plus the time variance the difference between planned costs and standard costs for units produced none of the above. If the wage rate paid per hour is greater than the standard wage rate per hour for direct labor, the variance is a(n) unfavorable rate variance rate variance favorable rate variance volume variance
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