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    Principles of Accounting Study Set 1
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    Exam 24: Standard Costing and Variance Analysis
  5. Question
    The Direct Labor Rate Variance Is the Difference Between the Standard
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The Direct Labor Rate Variance Is the Difference Between the Standard

Question 47

Question 47

True/False

The direct labor rate variance is the difference between the standard hours allowed and the actual hours multiplied by the actual labor rate.

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