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    Managerial Accounting Study Set 22
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    Exam 11: Standard Costs and Variance Analysis
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    The Labor Rate Variance Measures Whether the Rate Paid to Employees
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The Labor Rate Variance Measures Whether the Rate Paid to Employees

Question 107

Question 107

True/False

The labor rate variance measures whether the rate paid to employees is more or less than the company's standard rate.

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