Direct Labor Efficiency Variance Definition | Becker

Accounting Dictionary

Direct Labor Efficiency Variance

The direct labor efficiency variance is the standard rate times the difference between the actual hours worked and the standard hours allowed for the actual production. See also direct labor rate variance and direct material usage variance.

Related Terms:

Direct Labor Rate Variance [BAR]Direct Material Usage Variance [BAR]Back to Dictionary

Now Leaving Becker.com

You are leaving the Becker.com website. Once you click “continue,” you will be brought to a third-party website. Please be aware, the privacy policy may differ on the third-party website. Adtalem Global Education is not responsible for the security, contents and accuracy of any information provided on the third-party website. Note that the website may still be a third-party website even the format is similar to the Becker.com website.

Continue