Direct labor variance is the difference between the


Direct labor variance is the difference between the standard cost and the actual cost of production. Considering this, answer the questions that follow:

   What effect, if any, would you expect poor quality materials to have on direct labor variances? 

   How must a company plan to mitigate the risks associated with direct labor variances?

 

 

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Managerial Accounting: Direct labor variance is the difference between the
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