An unfavorable materials quantity variance occurs when the actual quantity used in production is less than the standard quantity allowed for the actual output of the period.
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Q8: If skilled workers with high hourly rates
Q9: The labor efficiency variance is labeled favorable
Q10: The standard labor rate per hour should
Q11: The variable overhead efficiency variance does not
Q12: The standard price per unit for direct
Q14: If demand is insufficient to keep everyone
Q15: The materials price variance is computed based
Q16: If the actual hourly rate is greater
Q17: The standard quantity or standard hours allowed
Q18: Material price variances are often isolated at
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