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

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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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Cost Accounting

ISBN: 9780070221628

4th Edition

Authors: Jawahar Lal, Seema Srivastava

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Question Posted: Sep 08, 2023 05:49 AM

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

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Cost Accounting

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