The Difference Between the Actual Labor Rate Multiplied by the Actual

question 212

Multiple Choice

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

• A) total labor variance.
• B) labor price variance.
• C) labor quantity variance.
• D) labor efficiency variance.

---

Definitions:

Conditional

Pertaining to an agreement or provision that becomes effective only when a specific requirement or condition is met.

Breach

Engaging in behavior that breaches or disregards an established regulation, pact, or moral standard.

Injunctions

Court orders requiring an individual to do or refrain from doing a specific action.

Reformation

The process of correcting or modifying a contract to reflect the true intentions of the parties involved when the original agreement is in error.