Multiple Choice
If the labor efficiency variance is unfavorable,then
A) actual hours exceeded standard hours allowed for the actual output.
B) standard hours allowed for the actual output exceeded actual hours.
C) the standard rate exceeded the actual rate.
D) the actual rate exceeded the standard rate.
Correct Answer:
Verified
Correct Answer:
Verified
Q151: The Reedy Company uses a standard costing
Q152: Sande Corporation makes a product with the
Q153: Pikus Corporation makes a product that has
Q154: When computing standard cost variances,the difference between
Q155: Thompson Company uses a standard cost system
Q157: Hurren Corporation makes a product with the
Q158: Last month 75,000 pounds of direct material
Q159: Acri Corporation produces large commercial doors for
Q160: Bonnot Corporation makes a product that has
Q161: Gentile Corporation makes a product with the