Discuss the direct labor rate variance
The following data relate to direct labor costs for the current period: Standard costs 9,000 hours at $5.50 Actual costs 8,750 hours at $5.75 What is the direct labor rate variance?
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When using the high low method, the question says 'be sure to consider only the data points contained in the relevant range of avtivity when performing your computations' I am not sure how to narrow the field down. Can you point me in the right d
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