We have found a number of manufacturing jobs from 2021 & 2022, which have not been closed. I’ve analyzed the data and a large number of the jobs have a variance between the Estimated time and Actual time spent on the job.My question is:The labour rate in 2021 was $23.35 per hour for each employee. The labour rate in 2023 is $67.66 per hour for each employee. When the job is Closed and the manufacturing variance is calculated, what are the comparisons that Epicor does to determine the variance? Does Epicor compare the 2021 labour rate to the current labour rate on the resource group or employee record and calculate the variance dollars based on the delta between the rates, or does Epicor continue to use the 2021 rate and compare to the amount of labour on the Part Cost record to determine the variance? Note, we calculate our Standard Cost in January of each year, so the labour amount on the Part Cost record today, will reflect the current year standard cost, which would be built
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