Match the Variance with Its Correct Calculation

question 199

Multiple Choice

Match the variance with its correct calculation.
-Labor Rate 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:

Tectonics

The study of the Earth's crust and mantle involving the processes that structure the Earth's surface, including the formation of mountains, continents, and oceans.

Minerals

Naturally occurring, solid chemical compounds or elements with a defined composition and crystal structure, found in the Earth's crust.

Stability

The state or quality of being resistant to change, disruption, or displacement, often used in various scientific disciplines such as chemistry, physics, and engineering to describe systems or structures.

Fractures

Breaks or cracks within rock or Earth's surface caused by physical stress and strain.