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Which of the following is used to compute the labor rate variance? Oa. (Fixed rate Actual hours) (Variable rate * Standard hours) Ob. (Actual rate

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Which of the following is used to compute the labor rate variance? Oa. (Fixed rate Actual hours) (Variable rate * Standard hours) Ob. (Actual rate * Standard hours) (Standard rate * Actual hours) Oc. (Variable rate x Standard rate) - (Fixed rate * Actual hours) Od. (Actual rate * Actual hours) (Standard rate Actual hours) Oe. None of these choices are correct

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