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Unformatted text preview: The standard direct labor rate per hour is: The total standard direct labor cost for the period is: The direct labor rate variance is: The direct labor flexible-budget variance is: 3. Roll Tide manufactures college sports memorabilia and has the following data from its operation for the year just completed. The sales-volume variance in terms of operating income is: 4. The following information is available from Hokie Inc., a company that uses machine hours to apply factory overhead: Under a three-variance breakdown (decomposition) of the total factory overhead variance, the total factory overhead spending variance is:...
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