The difference between the Actual cost and the Standard cost for direct labor is called:
A) Direct Labor Rate Variance
B) Direct Labor Flexible Budget Variance
C) Direct Labor Efficiency Variance
D) Direct Labor Split Variance
E) None of the above

Question

Quizplus · Accepted Answer

The Answer of The difference between the Actual cost and the Standard cost for direct labor is called:
A) Direct Labor Rate Variance
B) Direct Labor Flexible Budget Variance
C) Direct Labor Efficiency Variance
D) Direct Labor Split Variance
E) None of the above

The Difference Between the Actual Cost and the Standard Cost