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In setting the direct labor quantity standard, estimated time can be derived from

▸ union contracts.

▸ payroll records.

▸ time-and-motion studies.

▸ published labor rates in benchmark studies.
Textbook 
Managerial Accounting

Managerial Accounting


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You make an excellent tutor!
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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