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21 December, 19:21

LO 8.5Identify several causes of a favorable labor rate variance.

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  1. 21 December, 19:51
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    Answer and explanation:

    Direct labor rate variance contrasts current direct labor costs over the same duration of service with usual direct labor costs. Favorable fluctuations in the labor rate can be caused by hiring more unskilled workers, reducing the minimum wage, and inappropriately setting indirect labor costs.
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