ACCOUNTING Fall 2019 10 homework Question 6 (of 9) value 0.50 points Variances are computed by taking the difference between the product cost and standard cost True False References Learning Objective: 10-0 Difficulty: Easy True / False system e s DELL F11 F10 FB F7 F6 F5 F4 F3 40 F2 F1 value 0.50 points A favorable labor efficiency variance is created when actual labor hours worked exceed standard hours allowe True False References Leaning Objective 10-03 Compute and price and quontity variances and the dn variances True /False Difficulty Medium DELL Priscr F12 F11 F10 FS Fe F7 F4 ES F3 F2 Esc 4 8 A 8 6 4 2 Y Tab L K F D ps Lock NN Pec Up Ctri Alt Alt Fri A M T X N A