at would a rate variance that is Favorable tell you and who is generally responsible for the variance? Multiple Choice O The actual rate calculated is higher than the standard rate for the company. Production Manager is generally responsib O The standard rate for the company is higher than the actual rate paid. Production Manager is generally responsible. O None of the above. O The standard rate for the company is higher than the actual rate paid. Purchasing Manager is generally responsible. The actual hours were more than the standard hours provided. Production Manager responsible