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A chart element can be easily removed by selecting the element and pressing ________.
August
The eighth month of the year in the Gregorian calendar.
Labor Efficiency Variance
The difference between the actual hours worked and the standard hours expected, multiplied by the standard hourly wage rate.
Variable Overhead Rate Variance
The difference between the actual variable overhead incurred and the expected (or standard) cost allocated to production, based on the standard variable overhead rate.
Labor Rate Variance
The difference between the actual cost of labor and the expected (or standard) cost, used to measure the efficiency and cost management in labor use.
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