The Direct Labor Efficiency Variance Is the Difference Between the Standard

question 89

True/False

The direct labor efficiency variance is the difference between the standard hours allowed and the actual hours multiplied by the actual labor rate.

---

Definitions:

Conditional Expression

A programming construct that evaluates a condition and executes different code blocks based on whether the condition is true or false.

If Statement

A conditional programming statement that runs a specific block of code when a certain condition is met.

Else Clause

A part of conditional statements in programming that specifies what action to take when the condition in an if statement is not met.

Macro Action

A programmed instruction that triggers a sequence of operations or commands in software, automating repetitive tasks.