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Answer the questions...no need detail explanation Question 1 then: If variable overhead is applied on the basis of direct labor-hours and the variable overhead rate

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Answer the questions...no need detail explanation

Question 1

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then: If variable overhead is applied on the basis of direct labor-hours and the variable overhead rate variance is favorable. Select one: a. actual variable overhead rate exceeded the standard rate. b. standard variable overhead rate exceeded the actual rate. c. actual direct labor-hours exceeded the standard direct labor-hours allowed for the actual output. d. standard direct labor-hours allowed for the actual output exceeded the actual hours.If the actual labor hours worked exceed the standard labor hours allowed, what type of variance will occur? Select one: a. Unfavorable labor rate variance. O b. Favorable labor efficiency variance. c. Unfavorable labor efficiency variance. d. Favorable labor rate variance.A favorable materials price variance coupled with an unfavorable material usage variance would most likely result from: Select one: a. labor efficiency problems. b. the purchase and use of higher than standard quality material. c. machine efficiency problems. Old. the purchase and use of lower than standard quality material

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