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Which of the following is the correct formula for the manufacturing labor price variance? A. (Actual direct labor hours - Budgeted direct labor hours allowed)

Which of the following is the correct formula for the manufacturing labor price variance? A. (Actual direct labor hours - Budgeted direct labor hours allowed) x Actual price B. (Actual price - Budgeted price) x Budgeted direct labor hours OC. (Actual price - Budgeted price) x Actual direct labor hours D. (Actual direct labor hours - Budgeted direct labor hours allowed) x Budgeted price

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