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What is the calculation of the labor RATE variance? a) Standard Rate x (Standard Hours Actual Hours) b) Standard Hours x (Standard Rate Actual Rate)
What is the calculation of the labor RATE variance?
a) Standard Rate x (Standard Hours Actual Hours)
b) Standard Hours x (Standard Rate Actual Rate)
c) Actual Hours x (Standard Rate Actual Rate)
d) Actual Rate x (Standard Hours Actual Hours)
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