The direct labor time variance is the difference between the
A)actual labor rate and the standard labor rate
B)actual costs and standard costs
C)actual hours at the standard rate and the standard costs
D)actual costs and the actual hours at the standard rate

Question

Quizplus · Accepted Answer

The direct labor time variance is calculated by comparing the actual hours worked at the standard rate to the standard labor costs for the actual production. It measures the efficiency of labor usage against the standard.

The Direct Labor Time Variance Is the Difference Between the