Multiple Choice
If the actual labor rate exceeds the standard labor rate and the actual labor hours exceed the number of hours allowed, the labor rate variance and labor efficiency variance will be Labor Rate Variance Labor Efficiency Variance
A) Favorable Favorable
B) Favorable Unfavorable
C) Unfavorable Favorable
D) Unfavorable Unfavorable
Correct Answer:
Verified
Correct Answer:
Verified
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