The direct labor rate variance is the difference between actual hours worked and standard hours allowed for good units produced, multiplied by the standard labor rate.

Name: The direct labor rate variance is the difference between actual hours worked and standard hours allowed for good units produced, multiplied by the standard labor rate.
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The direct labor rate variance is the difference between the actual labor rate paid and the standard labor rate, multiplied by the actual hours worked.

The Direct Labor Rate Variance Is the Difference Between Actual