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  3. Study Set
    Managerial Accounting
  4. Exam
    Exam 11: Standard Costs and Variances
  5. Question
    If the Standard Quantity Allowed for Direct Labor Is Less
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If the Standard Quantity Allowed for Direct Labor Is Less

Question 116

Question 116

True/False

If the standard quantity allowed for direct labor is less than the actual quantity used, the efficiency variance is favorable.

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