The standard cost for blank variable manufacturing overhead is computed the same way as the standard cost for direct labor.
What is manufacturing?
- Manufacturing is the process of creating or producing items with the aid of resources such as machinery, manpower, tools, chemicals, or biological formulations.
- It is the core of the economy's secondary sector.
- The phrase can be used to describe a variety of human endeavors, from handicraft to high-tech, but it is most frequently used to describe industrial design, which entails the massive transformation of raw materials from the primary sector into completed commodities.
What part does production play?
- The significance of manufacturing: It serves as the foundation for trial growth.
- By offering employment opportunities in the secondary sector, it aids in reducing people's reliance on the primary sector.
- Trade in manufactured goods generates much-needed foreign currency.
Learn more about manufacturing here:
https://brainly.com/question/14275016
#SPJ4
