Hi,
When calculating the machine hours:
Say that the question was given:
Actual total indirect costs
Budgeted total indirect costs
Actual indirect labor cost
Actual direct labor rate
Actual machine hours
What formula do we use from above?
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Hi,
When calculating the machine hours:
Say that the question was given:
Actual total indirect costs
Budgeted total indirect costs
Actual indirect labor cost
Actual direct labor rate
Actual machine hours
What formula do we use from above?
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