Mathematics · Cost Accounting - Variances
Fill in the blanks with the correct combination of words: 'The direct labour rate variance is the difference between the ________ cost and the _________ cost for the _______ number of hours paid for.'
- 1actual; standard; budgeted
- 2standard; actual; actual✓
- 3actual; standard; standard
- 4standard; actual; standard
Correct answer
standard; actual; actual
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