A 5 per cent wage increase for all factory employees would affect which of the following variances?
A) materials price variance
B) labour rate variance
C) labour efficiency variance
D) variable manufacturing overhead efficiency variance
Correct Answer:
Verified
Q1: A favourable materials price variance may be
Q2: The labour rate variance is calculated as
A)(Actual
Q3: Using more highly skilled direct labourers might
Q4: Price variances focus on the difference between
A)actual
Q6: Who is responsible for unfavourable labour efficiency
Q7: Labour efficiency variances may be caused by
A)the
Q8: The purchase of inferior direct materials at
Q9: For better control of direct material prices,
Q10: Labour rate variances can be the result
Q11: Variances indicate
A)the cause of the variance.
B)who is
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