focusNode Show Didn't know it? Knew it? Embed Code - If you would like this activity on your web page, copy the script below and paste it into
your web page. Questions from Exams 1-3
What causes an unfavorable labor rate variance?If estimated labor costs are lower than they should be due to unreliable historical trends, inherent employee bias or any other reason, actual labor prices may be significantly higher, causing an unfavorable variance from the budgeted amount.
Which of the following would cause an unfavorable material quantity variance?You have an unfavorable materials quantity variance when you use more material than expected. It's favorable when you use less material than planned. Direct materials are the building blocks of the production process.
|