direct labany uses standard costing and charges all overhead to the product based on and the Labours, what is most likely true if the Direct Labor Rate Variance is Favorable a. The less Efficiency Variance is Unfavorable? the stan skillful, lower-paid workers took more time to do more of the work than b. The morard allowed. than the skillful, more highly paid workers took more time to do more of the work c. It cannot bandard allowed. c. 6. Referring to the question 5, the Variable Overhead Spending (or Rate) Variance would be a. Favorable b. Unfavorable c. It cannot be determined from the information given in question 5 . 7. Refer again to question 5 , the variable overhead efficiency variance for the company would be a. Favorable b. Unfavorable c. It cannot be determined from the information given in question 5 . Which of the following will increase a company's Manufacturing Cycle Efficiency ("MCE")? Which of the following would produce a labor rate variance? a. Poor quality materials causing breakage and work interruptions. b. Use of persons with high hourly wage rates in tasks that call for low hourly rate. c. Excessive number of hours worked in completing a job. d. An unfavorable overhead spending (or rate) variance. A company uses standard costing, and pays a higher standard cost for its indirect material during the period. This will affect a. Direct Materials Price Variance. b. Direct Materials Quantity Variance c. Variable Overhead Spending or Rate Variance d. Variable Overhead Efficiency Variance standard can be regarded as the budgeted cost for one unit of product. True False