IDNLearn.com provides a user-friendly platform for finding answers to your questions. Our community is here to provide detailed and trustworthy answers to any questions you may have.

Calculate the direct labor rate variance (LRV) and the direct labor efficiency variance (LEV) for June using the formula approach.

Direct labor rate variance (LRV)


Sagot :

Answer:

Direct labor rate variance = Direct labor variance - Direct labor efficiency variance

Explanation:

Direct labor rate variance

Direct labor efficiency variance

Computation:

Direct labor rate variance = Direct labor variance - Direct labor efficiency variance