Direct labor rate variance is a standard cost of labor per unit of a product let's say you worked 2hours for a price. And later on you got a lot of hrs in that job done after a while you can have a payday. And you still have to figure out how match you are making an hour buy how many units you do in that hour. Then you will have an total by the hour but if you just work through the whole time and
. don't stop to look at the time you can just figure it out later. It also depends on for more info go to http://www.answers.com/topic/labor-rate-price-variance
