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Author Question: The algebraic equation for the direct labor efficiency variance is (Read 67 times)

bubba123

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Question 1

Which of the following is not used in calculating the direct labor efficiency variance?
◦ The standard quantity of direct labor hours allowed for actual production
◦ The standard wage rate
◦ The actual quantity of direct labor hours used
◦ The actual wage rate

Question 2

The algebraic equation for the direct labor efficiency variance is
◦ direct labor efficiency variance = AP × (AQ - SQ).
◦ direct labor efficiency variance = SQ × (AP - SP).
◦ direct labor efficiency variance = AQ × (AP - SP).
◦ direct labor efficiency variance = SP × (AQ - SQ).


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Marked as best answer by bubba123 on Feb 5, 2023

DevinBrifm

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bubba123

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review


kusterl

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Reply 3 on: Yesterday
Excellent

 

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