What Four Variances May Be Included as a Component of the Total

question 120

Essay

What four variances may be included as a component of the total variable cost flexible-budget variance for a given period?

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Definitions:

Payroll Tax

Financial obligations placed on employers and workers, regularly computed based on a percentage of the compensation paid to workers.

Per-hour Wage

Compensation paid to an employee based on the number of hours worked.

Payroll Tax

Dues extracted from employers or laborers, usually as a percentage of the salary expenditures.

Payroll Tax

Taxes imposed on employers and/or employees, and are usually calculated as a percentage of the salaries that employers pay their staff.