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  3. Study Set
    Management Accounting Study Set 2
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    Exam 10: Standard Costs, Flexible Budgets and Variance Analysis
  5. Question
    The Direct Labour Efficiency Variance Is the Difference Between the Standard
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The Direct Labour Efficiency Variance Is the Difference Between the Standard

Question 13

Question 13

True/False

The direct labour efficiency variance is the difference between the standard amount of labour hours that should have been used and the amount actually used, multiplied by the standard labour price per hour.

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