The Two Components of the Direct Labor Flexible Budget Variance

question 28

Multiple Choice

The two components of the direct labor flexible budget variance are the

• A)the direct labor price variance and the direct labor quantity variance.
• B)the direct labor rate variance and the direct labor efficiency variance.
• C)the direct labor rate variance and the direct labor standard variance.
• D)the direct labor efficiency variance and the direct labor standard variance.

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Definitions:

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A system of communication used by a particular community or country, consisting of written, verbal, or signed forms of communication.

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The process of reasoning consistently and sensibly, using a structured and coherent approach to arrive at conclusions.

Reflex Behaviors

Automatic, involuntary, innate responses to stimulation.

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Occurring without a person's conscious choice or control, often referring to reflex actions or physiological responses.