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You plan on constructing a Koch snowflake by starting with a seed triangle whose perimeter is 432 in. The table below gives the following information where M is the number of sides at a particular step, L
Is the length of each side, and P is the total perimeter of the figure. What is the length of each side of the figure in Step 1?
Labor Rate Variance
The difference between the actual cost of direct labor and the expected (or standard) cost, calculated as (Actual rate - Standard rate) x Actual hours.
Standard Hourly Rate
The predetermined cost per hour for labor, used in budgeting and costing to assign labor costs to products and services.
Standard Quantity
The budgeted or pre-determined amount of material or input expected to be used during a manufacturing process.
Standard Hours Allowed
The time that should have been taken to complete the period’s output. It is computed by multiplying the actual number of units produced by the standard hours per unit.
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