Cost Accounting (15th Edition)

Published by Prentice Hall
ISBN 10: 0133428702
ISBN 13: 978-0-13342-870-4

Chapter 8 - Flexible Budgets, Overhead Cost Variances, and Management Control - Assignment Material - Questions - Page 316: 8-6

Answer

1. Improved Workforce Efficiency: Skilled workers complete tasks more quickly, reducing the time needed for machine-hours. 2. Streamlined Production Processes: Process improvements or automation can lead to more efficient machine-hour utilization. 3. Effective Maintenance: Well-maintained machines operate at peak efficiency, requiring fewer machine-hours to complete tasks.

Work Step by Step

1. Improved Workforce Efficiency: Skilled workers complete tasks more quickly, reducing the time needed for machine-hours. 2. Streamlined Production Processes: Process improvements or automation can lead to more efficient machine-hour utilization. 3. Effective Maintenance: Well-maintained machines operate at peak efficiency, requiring fewer machine-hours to complete tasks.
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