The direct labor price standard should be based on current wage rates and anticipated adjustments su

The direct labor price standard should be based on current wage rates and anticipated adjustments su

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The direct labor price standard should be based on current wage rates and anticipated adjustments such as COLAs. It also generally includes payroll taxes and fringe benefits.
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Unformatted text preview: Direct labor quantity standards should be based on required production time plus an allowance for rest periods, cleanup, machine setup, and machine downtime....
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This note was uploaded on 12/26/2011 for the course ACCOUNTING ac 202 taught by Professor - during the Fall '11 term at Montgomery.

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