AC222Chapter11 - hours or standard hours allowed for the...

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Chapter 11 Notes Variable costs are expressed in units per activity while Fixed costs are expressed as a total amount When Flexible budget is based on hours of activity… the quatity of hours chosen can be based on actually
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Unformatted text preview: hours or standard hours allowed for the actual output. If actual hours are used only a spending variance can be computed If both actual and standard are used, both a spending and an efficiency variance can be computed....
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This document was uploaded on 08/10/2011.

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