Use Nassau Digital Doorway to browse and select from thousands of adult, young adult, and juvenile fiction (i.e. romances, mysteries, science fiction, humor) and non-fiction (i.e. biography, health and fitness, politics, sports) titlesâincluding current best sellers and old classicsâin both audio and e-book formats.
The formula to compute direct materials price variance is to calculate the difference between a. actual costs - (actual quantity * standard price) b. actual cost + standard costs c. actual cost - standard costs d. (actual quantity * standard price) -standard costs ANS: A DIF: Moderate OBJ: 23-03 NAT: AACSB Analytic | IMA-Performance Measurement 51.
Direct Labor Rate Variance. Direct labor rate variance (also called direct labor price/spending variance or wage rate variance) is the product of actual direct labor hours and the difference between the standard direct labor rate and actual direct labor rate.Direct labor rate variance is similar to direct material price variance.xample. Calculate the direct labor rate variance if standard direct labor rate and actual direct labor rate are $18.00 and $17.20 respectively; and actual direct labor hours used during the period are 800.