Question: QUESTION 2 The formula to compute direct labor time variance is: a. actual direct labor costs - standard direct labor costs. O b.(actual direct labor

QUESTION 2 The formula to compute direct labor time variance is: a. actual direct labor costs - standard direct labor costs. O b.(actual direct labor hours - standard direct labor hours allowed for production) * standard direct labor rate. O c. actual direct labor costs +- direct labor standard costs. O d.actual direct labor costs - ( actual direct labor hours * standard direct labor rate)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
