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    Managerial Accounting Study Set 8
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    Exam 11: Standard Costs and Variances
  5. Question
    The Direct Labor Rate Variance Is Calculated by Multiplying the Standard
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The Direct Labor Rate Variance Is Calculated by Multiplying the Standard

Question 79

Question 79

True/False

The direct labor rate variance is calculated by multiplying the standard hours that should have been worked for the actual output by the difference between the standard labor rate and the actual labor rate.

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