Which of the Following Is Characteristic of Variances

Multiple Choice

Which of the following is characteristic of variances?

A) An unfavourable labour efficiency variance could result from using higher quality materials that result in fewer inspections.
B) A favourable labour rate variance could result from lower wage workers quitting.
C) A favourable materials price variance could result from purchasing identical materials from another supplier at a lower price.
D) A favourable materials usage variance could result from not efficiently utilizing raw materials, thus causing waste.