The Difference Between the Actual Labor Rate and the Standard

question 81

Multiple Choice

The difference between the actual labor rate and the standard labor rate,multiplied by the actual labor hours,is the:

• A)direct labor spending variance.
• B)direct labor volume variance.
• C)direct labor rate variance.
• D)direct labor efficiency variance.

Understand basic units and terms in energy economics.

Understand the factors influencing the economic viability of alternative fuels compared to conventional oil.

Analyze the relationship between energy efficiency and economic performance.

Recognize the main sources of electricity generation in the U.S. and their proportions.

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