Labor Rate Variance Labor rate (price) variance: (AR – SR)AH
{"Image DocumentName": "Labor Rate Variance Labor rate (price) variance: (AR \u2013 SR)AH", "Image ImageDescription": "(AR) = actual wage rate (price). (SR) = standard wage rate (price). (AH) = actual number(quantity) labor hours. Actual rate > standard rate: unfavorable. Actual rate < standard rate: favorable.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}