Multiple Choice
Which of the following correctly lists all the information needed to calculate a labor rate variance?
A) Standard labor rate and actual hours worked.
B) Actual hours worked and actual units produced.
C) Standard labor rate, actual labor rate, and actual units produced.
D) Actual labor rate and actual hours worked.
E) Actual labor rate, standard labor rate, and actual hours worked.
Correct Answer:

Verified
Correct Answer:
Verified
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