Multiple Choice
The labor rate variance is computed by
A) (Actual Rate * Actual Hours) - (Standard Rate * Standard Hours) .
B) (Standard Rate * Actual Rate) - (Actual Rate * Actual Hours) .
C) (Actual Rate * Standard Hours) - (Standard Rate *Actual Hours) .
D) (Actual Rate * Actual Hours) - (Standard Rate * Actual Hours) .
E) None of these.
Correct Answer:
Verified
Correct Answer:
Verified
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