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    Cost Management Strategies
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    Exam 16: Standard Costing, Variance Analysis, and Kaizen Costing
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    If the Standard Labor Rate Exceeds the Actual Labor Rate
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If the Standard Labor Rate Exceeds the Actual Labor Rate

Question 59

Question 59

Multiple Choice

If the standard labor rate exceeds the actual labor rate and the actual labor hours exceed the standard number of hours allowed, the labor rate variance and the labor efficiency variance will be
If the standard labor rate exceeds the actual labor rate and the actual labor hours exceed the standard number of hours allowed, the labor rate variance and the labor efficiency variance will be   A)  Item A B)  Item B C)  Item C D)  Item D


A) Item A
B) Item B
C) Item C
D) Item D

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