A labor rate variance is due solely to the difference a. Between budgeted sales volume and actual sales volume b. Between budgeted direct labor hours and actual direct labor hours c. Between budgeted labor price and actual labor price d. Between budgeted materials price and actual materials price

Option C is correct

Therefore, it is the difference between budgeted labor price and actual labor price

Explanation:

The labour rate variance is the difference between the standard labour cost allowed for the actual hours worked and the actual labor cost for the same hour.

The labour rate variance would be unfavorable by the amount paid in excess of the usual standard rate multiplied by the number of hours paid for in the month. A favorable figure would result if the actual rate paid per hour is lower that standard rate

Therefore, it is the difference between budgeted labor price and actual labor price