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Blittle5 Blittle5
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2 years ago
If the actual average wage rate is $4.50 per direct labor hour, but the standard wage rate is $4.70 per direct labor hour, the direct labor

▸ rate variance will be unfavorable.

▸ efficiency variance will be unfavorable.

▸ rate variance will be favorable.

▸ efficiency variance will be favorable.
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Managerial Accounting

Managerial Accounting


Edition: 4th
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john a.john a.
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