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7 An unfavorable materials quantity variance occurs when the actual quantity used in production is less than the standard quantity allowed for the actual

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7 An unfavorable materials quantity variance occurs when the actual quantity used in production is less than the standard quantity allowed for the actual output of the TRUE FALSE 8 When more hours of labor time are necessary to complete a job than the standard allows, the labor efficiency variance is unfavorable. TRUE FALSE 9 If the actual hourly rate is greater than the standard hourly rate, the labor rate variance is labeled unfavorable (U). TRUE FALSE 10 I couldn't decide on a tenth question I liked, so tell me when you plan to graduate and you get a free point.

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