In the most recently concluded period, a company experienced significantly less machine downtime than would be expected under normal circumstances. This could have produced:
A) An unfavorable labor rate variance.
B) An unfavorable labor efficiency variance.
C) A favorable labor rate variance.
D) A favorable labor efficiency variance.

Question

Quizplus · Accepted Answer

Less machine downtime likely means that workers were able to work more efficiently, leading to a favorable labor efficiency variance.

In the Most Recently Concluded Period, a Company Experienced Significantly