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Direct Labour Hour Is Often Assumed as the Sole Cost

question 162

Essay

Direct labour hour is often assumed as the sole cost driver in analyzing the total variable overhead cost variance into spending and efficiency variances.
Required:
a)Will direct labour cost ever be a better cost driver of variable overhead costs than direct labour hour? Explain
b)How is the standard variable overhead rate different from the standard labour rate in variance analysis? Explain.


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Ideal Self

A person's conception of how they would like to be, representing their goals and aspirations.

Real Self

Refers to an individual's true personality, character, and feelings, as opposed to their idealized or public persona.

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The excessive or inappropriate consumption of alcohol leading to health or social problems.

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The underlying biological causes for a phenomenon or condition in the body.

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