VIDEO LESSON · STRATEGIC MANAGEMENT ACCOUNTING · MODULE 3 · PART C.2.3

Direct Labour Variances

Name: Direct Labour Variances
Uploaded: 2026-11-01T11:00:00+11:00
Duration: 291 s
Description: Explore the direct labour variances: the labour rate variance, which is the price variance for labour, and the labour efficiency variance, how to calculate them, and the trade-off between paying more per hour and needing fewer hours.

5 min · Free to watch

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About this video lesson

Explore the direct labour variances: the labour rate variance, which is the price variance for labour, and the labour efficiency variance, how to calculate them, and the trade-off between paying more per hour and needing fewer hours.

Study files for this lecture

PDFVariance 3: direct labour rate and efficiency

PNGDirect labour variances

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