Business, 12.11.2019 00:31 edgartorres5123

If the actual labor rate exceeds the standard labor rate and the actual labor hours exceed the number of hours allowed, the labor rate variance and labor efficiency variance will be:

a)
rate = favorable efficiency = favorable

b)
rate = unfavorable efficiency = favorable

c)
rate = favorable efficiency = unfavorable

d)
rate = unfavorable efficiency = unfavorable

Answers: 1

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If the actual labor rate exceeds the standard labor rate and the actual labor hours exceed the numbe...