"The Difference Between Actual Hours Worked and Standard Hours Allowed

question 21

Multiple Choice

"The difference between actual hours worked and standard hours allowed for the good units produced,multiplied by the standard labor rate" is a description of the

• A)direct labor rate variance.
• B)direct labor efficiency variance.
• C)total direct labor cost variance.
• D)direct labor quantity variance.

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Definitions:

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Corporate Social Responsibility

Practices by companies that involve initiatives that benefit society and go beyond what may be required by regulators or environmental protection groups.

Voluntary Actions

Behaviors or actions undertaken by an individual or organization by choice, without being compelled or obligated by law.

Triple Bottom Line

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