2. A company would nost 1ikely have an untavorable 1abor Eate variance and a favorable labor efficiency variance it a. the mix of workers used in the production process was note experienced than the normal mix. b. the mix of workers used in the production process was ess experienced than the normal mix. C. wOrkers from another part of the plant were used due to an extEa heavy production schedule. d. the purchasing agent acquired very high quality material that resulted in less spollage Use the following to answer questions 3-41 Home Company wi11 open a new store on January 1. Based on experience from its other retail outlets, Home Company is making the following sales projectionss Credit Sales $35,000 $55,000 $64, 000 $75,000 January February March. April... Home Company estimates that 60 of the credit sales wil1 be collected during the current month of sale, with the remaining balance collected in the month following the month of sale. 3. The March 31 balance in accounts receivable will be: a. $22, 000 b. $25, 600 c. $38, 400 d. $45,000 4. The cash receipts in April will be: a. $25, 600 b. $45,000 c. $55,000 d. $70, 600 5. Which of the following factors should NOT be considered when deciding whet to investigate a variance? magnitude of the variance trend of the variances over time likelihood that an investigation will reduce or el iminate future a. b. C. occurrences of the variance whether the variance is favorable or unfavorable d