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Managerial Accounting: The Corners...
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Managerial Accounting: The Corners...
The labor rate variance is never controllable. Do you agree or disagree? Why?
State whether the labor rate variance is controllable. Also explain the reasons.
Labor rate Variance:
The amount obtained when actual cost is deducted from budgeted cost is known as variance. Labor rate variance occurs when there is disparity in actual payment of wages against what was initially offered.
The statement is not true because labor rate variance is controllable...
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