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In drawing a context diagram, we should include:
Actual Hours Worked
This refers to the total hours an employee has been physically present and working at their job within a specific period.
Direct Labor Costs
The wages and benefits paid to employees who are directly involved in the production of goods or services.
Variable Overhead Efficiency Variance
The difference between the actual variable overhead and the standard cost of variable overhead allocated for the actual production.
Supplies Cost
The cost associated with materials and items used in the operation or maintenance of a business or facility.
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