Variance Analysis Practical Questions and Answers

by | Jun 2, 2021 | Bookkeeping

When discussing direct labor, price is referred to as rate, and quantity is referred to as efficiency. Variances between the standard and actual amounts are caused by a difference in efficiency or rate. The total direct labor variance is separated into the direct...

Smart Tools Better Business.

by | May 14, 2021 | Bookkeeping

Terms, conditions, pricing, special features, and service and support options subject to change without notice. QuickBooks Online is a cloud-based accounting platform while QuickBooks is a desktop program that provides additional inventory management features....