What is the correct formula for the direct labour total variance?
A) (Expected hours of direct labour for actual production - actual hours of direct labour for actual production) x the standard cost for one hour of direct labour.
B) Expected expenditure on direct labour - (actual production units x standard labour hour cost per unit of production) .
C) (Actual direct labour hours for actual production x standard cost) - what the actual direct labour hours for actual production actually cost.
D) Actual expenditure on direct labour for actual production - expected expenditure on direct labour for actual production.
Correct Answer:
Verified
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