For direct labor, if the efficiency and rate variances are both negative, then the flexible budget variance will be unfavorable.
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Q10: The direct materials price variance is found
Q11: A direct materials price variance is unfavorable
Q12: Using higher-quality materials in production can help
Q13: Unlike direct materials, the sum of all
Q14: A negative direct labor efficiency variance is
Q16: The total number of hours worked by
Q17: The calculations for variable overhead variances are
Q18: The actual cost of variable overhead is
Q19: The standard cost of variable overhead is
Q20: The actual cost of variable overhead is
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