If the standard quantity allowed for direct materials and direct labor is less than the actual quantity used,the efficiency variance is unfavorable.
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Q71: An efficiency variance for production inputs
Q72: A direct materials flexible budget variance
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Q75: Advantages of using standard costs include
Q77: The standard for the direct labor
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Q79: Price variances for direct materials and
Q80: The direct materials price variance is
Q81: The direct materials flexible budget variance
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