Which of the following formulas is correct? A. direct labor hours expected for actual output =...

Transcribed Image Text:

Which of the following formulas is correct? A. direct labor hours expected for actual output = actual output x standard direct labor rate B. direct material price variance = quantity of direct material used (actual direct material price - standard direct material price) C. direct material quantity variance = actual direct material price (quantity of direct material used - quantity of direct material expected for actual output) D. total direct labor variance = (actual direct labor hours logged)(standard direct labor rate) - (direct labor hours expected for actual output)(actual direct labor rate) E. standard unit direct material cost = standard input ratio x standard direct material price Which of the following formulas is correct? A. direct labor hours expected for actual output = actual output x standard direct labor rate B. direct material price variance = quantity of direct material used (actual direct material price - standard direct material price) C. direct material quantity variance = actual direct material price (quantity of direct material used - quantity of direct material expected for actual output) D. total direct labor variance = (actual direct labor hours logged)(standard direct labor rate) - (direct labor hours expected for actual output)(actual direct labor rate) E. standard unit direct material cost = standard input ratio x standard direct material price