Short Answer
If the actual direct labor hours worked is greater than the standard hours the labor quantity variance will be ___________________ and the labor rate variance will be ____________________ if the standard rate of pay is greater than the actual rate of pay.
Correct Answer:

Verified
unfavorabl...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q140: During March Patt Inc. purchases and uses
Q141: The materials price variance is normally caused
Q142: Monster Company produces a product requiring 3
Q143: The balanced scorecard approach<br>A) uses only financial
Q144: A company uses 40000 gallons of materials
Q146: Variances from standards are<br>A) expressed in total
Q147: A company purchases 12000 pounds of materials.
Q148: Oxnard Industries produces a product that requires
Q149: A total materials variance is analyzed in
Q150: The overhead controllable variance is the difference