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The Dillon Corporation makes and sells a single product. Overhead costs are applied on the basis of standard direct labor-hours. The standard cost card shows that 5 direct labor-hours are required per unit. The Dillon Corporation had the following budgeted and actual data for March:
-The variable overhead rate variance for March is:
Organization's Goals
The strategic objectives that a company aims to achieve, guiding its direction and business decision-making.
Compensation and Benefits
Compensation and benefits refer to the salary, wages, and additional perks or rewards provided by an employer to its employees in exchange for their services.
Human Resource Management
The strategic approach to the effective management of people in a company or organization to help their businesses gain a competitive advantage.
Group Insurance
A type of insurance plan that covers a defined group of people, typically employees of a business, offering benefits due to sickness, disability, or death.
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