Question: The labor efficiency ( or quantity ) variance is the difference between the: Group of answer choices Standard and actual hours multiplied by the actual

The labor efficiency (or quantity) variance is the difference between the:
Group of answer choices
Standard and actual hours multiplied by the actual rate.
Standard and actual hours multiplied by the standard rate.
Standard and actual rate multiplied by the actual hours.
Standard and actual rate multiplied by the standard hours.

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