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A grocery store hires cashiers and baggers.Cashiers earn $8 an hour; baggers earn $4 an hour.The manager,who wants to maximize the number of customers served given a fixed payroll,expects the following productivity from cashiers and baggers: Given the above information,with a payroll of $32 (per hour) ,how should the manager allocate this budget?
Raw Material
Basic substances in their natural, modified, or unprocessed states, used in the production or manufacturing of goods.
Direct Labor
The labor costs directly tied to the production of goods or services, such as wages for employees on the production line.
Direct Labor Rate Variance
The difference between the actual cost of labor per hour and the standard cost, multiplied by the total hours worked, used to assess labor cost management.
Standard Hours
Standard hours refer to the set amount of time expected to complete a task or job based on efficiency standards.
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