1- Waste on the production line will result in an unfavorable materials price variance. False erials price 2- The l standard hours allowed for the actual output. abor rate variance measures the difference between the actual hourly rate and the standard hourly rate, multiplied by True False 3-The variable overhead efficiency variance measures the difference between the actual level of activity and the standard activity allowed for the actual output, multiplied by the fixed part of the predetermined overhead rate. False True