Question: Write the formula for the overhead controllable variance and the overhead volume variance. A company uses four hours of direct labor to produce one unit.
Write the formula for the overhead controllable variance and the overhead volume variance.
A company uses four hours of direct labor to produce one unit. The standard direct labor cost is $ per hour. This period the company produced units and used $ hours of direct labor at a total cost of $ What is its direct labor rate variance for the period?
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