The present value of money is always: Multiple Choice More than its future amount. Less than its future amount. The same as its future amount. More or less than its future amount depending upon the discount rate. The calculation of the labor efficiency variance is: Multiple Choice- Actual Rate (Standard Hours - Actual Hours). Standard Hourly Rate (Standard Hours - Actual Hours). O Actual Hours (Standard Rate-Actual Rate). Standard Hours (Standard Rate-Actual Rate). The minimum rate of return used by an investor to bring future cash flows to their present value is called: Multiple Choice The discount rate. The prime rate. The present rate. The investment rate. The total overhead variance is the difference between: Multiple Choice Budgeted overhead and applied overhead. Actual overhead and budgeted overhead. Actual overhead and applied overhead. Applied overhead and budgeted overhead