A debit balance in the direct labor-efficiency variance indicates that: m4 a Standard direct labor hours exceed
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A debit balance in the direct labor-efficiency variance indicates that: m4 a Standard direct labor hours exceed actual direct labor hours.
b Actual direct labor hours exceed standard direct labor hours.
c Standard rate and standard direct labor hours exceed actual rate and actual direct labor hours.
d Actual rate and actual direct labor hours exceed standard rate and standard direct labor hours.
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Related Book For 
Cost Accounting Concepts And Applications For Managerial Decision Making
ISBN: 9780070103108
2nd Edition
Authors: Ralph S. Polimeni, James A. Cashin, Frank J. Fabozzi, Arthur H. Adelberg
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