The correct answer is C. budgeted direct labour cost rate.
The budgeted direct labor cost rate is calculated by dividing the budgeted total direct labor cost by the budgeted total direct labor hours. This rate is used to estimate the cost of direct labor for a particular job or product.
The budgeted indirect labor cost rate is calculated by dividing the budgeted total indirect labor cost by the budgeted total indirect labor hours. This rate is used to estimate the cost of indirect labor for a particular job or product.
The expected direct labor cost rate is the rate that is expected to be paid for direct labor. This rate is based on the current market conditions and the company’s labor costs.
The expected indirect labor cost rate is the rate that is expected to be paid for indirect labor. This rate is based on the current market conditions and the company’s indirect labor costs.