If the wage rate paid per hour differs from the standard wage rate per hour for direct labor, the variance is a _____ variance.

A) variable
B) rate
C) quantity
D) volume

Wage Rate

Wage rate refers to the standardized amount of compensation paid to employees for their labor, either per hour, day, or piece.

Standard Wage Rate

A predetermined rate of pay for a particular job or task, often used in budgeting and cost control to standardize labor costs.

Direct Labor

Direct labor refers to the work done by employees that is directly involved in the production of goods or the provision of services.