Question: How is a labour rate variance computed? (a). Difference between standard and actual rate multiplied by standard hours. (b). Difference between standard and actual hours

How is a labour rate variance computed? 

(a). Difference between standard and actual rate multiplied by standard hours. 

(b). Difference between standard and actual hours multiplied by actual rate. 

(c). Difference between standard and actual rate multiplied by actual hours. 

(d). Difference between standard and actual hours multiplied by the difference between standard and actual rate.

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