The Sum of the Labor Mix and Labor Yield Variances

question 104

Multiple Choice

The sum of the labor mix and labor yield variances equals

• A)the labor efficiency variance.
• B)the total labor variance.
• C)the labor rate variance.
• D)nothing because these two variances cannot be added since they use different costs.

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Definitions:

Proposition

A statement that can either be true or false, but not both, used in logic to convey meaning.

Complement

In set theory, referring to the set of all elements not in a particular set within a given universal set; in logic, it may refer to the negation of a concept or term.

Obverse

The opposite or counterpart of a given logical statement.

Proposition

A statement that expresses a concept that can either be true or false.