Total Direct Labor Variance

question 97

Multiple Choice

Total Direct Labor Variance

• A)Actual Quantity * Actual Price
• B)(Actual Hours * Actual Rate) - (Standard Hours * Standard Rate)
• C)(Actual Quantity * Actual Price) - (Standard Quantity * Standard Price)
• D)(Actual Hours - Standard Hours) * Standard Rate
• E)(Actual Price - Standard Price) * Actual Quantity
• F)Standard Quantity* Standard Price
• G)(Actual Rate - Standard Rate) * Actual Hours
• H)(Actual Quantity - Standard Quantity) * Standard Price

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Definitions:

Capital Gain Yield

The increase in the price of an investment, calculated as the percentage difference between the current price and the purchase price.

Rate Of Total Return

A measure of the overall return on an investment, including both capital gains and income, expressed as a percentage of the initial investment.

Income Yield

The return on an investment expressed as a percentage of the investment’s cost.

Total Return

A measure of the overall return on an investment, including both capital appreciation and dividends or interest, over a specific period.