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An initial analysis of a labouratory activity resulted in the first table below.After this analysis,the managers determined that their element descriptions were not as accurate as they should have been-they had left out an element,underestimated a distance,and understated the need for accuracy.They revised the table of element data,which appears in the second table. Calculate the total standard minutes for the original activity "pouring tube specimen." Calculate the total standard minutes for the revised activity "pouring tube specimen." What is the increase,in seconds,from the first version to the second?
July
The seventh month of the year in the Gregorian calendar, known for marking the midpoint of the calendar year.
Materials Price Variance
The difference between the actual cost of direct materials and the standard cost, multiplied by the actual quantity of materials used.
April
The fourth month of the year in the Gregorian calendar.
Variable Overhead Efficiency Variance
The difference between actual variable overhead based on the hours worked and the standard variable overhead for the same activity level.
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