Match Each of the Following Calculations with Their Corresponding Variance

question 38

Multiple Choice

Match each of the following calculations with their corresponding variance.
-Labour efficiency 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

---

Definitions:

Formal Numerical Documents

Official records that contain numerical data, such as financial statements, statistical reports, or performance metrics, used for analysis and decision-making.

Output

is the final product, result, or amount of production from a process, system, or activity.

Interpretations

The action of explaining the meaning of something or the way a situation, action, result, etc., is perceived or understood.

Emotional Content

The emotional significance or impact embedded in a message, work of art, or experience.