f the actual labour rate is less than the budgeted labour rate, the labour cost variance will be unfavourable.

Select one:

True

False

f the actual labour rate is less than the budgeted labour rate, the labour cost variance will be unfavourable.

Select one:

True

False

It is unethical for managers to investigate only some variances rather than all variances.

Select one:

True

False

If the labour cost variance is $100 F and the labour quantity variance is $200 U, what is the labour static budget variance?

Select one:

a. $100 F

b. $100 U

c. $300 F

d. $300 U

f the static budget variance is $2,000 F, and the flexible-budget variance is $2,200 U, what is the sales-volume variance?

Select one:

a. $200 U

b. $4,200 F

c. $200 F

d. $4,200 U