I do not need explication, I just need A,B,C or D answer. Thank you!! 1. This standard is set at a level that may be reached with reasonable effort. A attainable standard B. variance from standard C. ideal standard D. unattainable standard 2. This variance is the difference involving spending more or using more than the standard amount A unfavorable variance B. favorable variance C. Variance D. no variance 3. What are some possible reasons for a material price variance? A labor efficiency B. substandard material C. labor rate increases D. labor rate decreases 4. When is the material price variance favorable? A. when the actual price paid is greater than the standard price B. when the actual quantity used is less than the standard quantity C. when the actual quantity used is greater than the standard quantity D. when the actual price is less than the standard price 5. When is the material quantity variance favorable? A. when the actual quantity used is less than the standard quantity B. when the actual price paid is greater than the standard price C. when the actual price is less than the standard price D. when the actual quantity used is greater than the standard quantity 6. What are some possible reasons for a labor rate variance? A. an excess of material usage B. utilities usage change C. material price increase D. hiring of less qualified workers 7. When is the labor rate variance favorable? A when the actual price is less than the standard price B. when the actual price paid is greater than the standard price C. when the actual quantity used is less than the standard quantity D. when the actual quantity used is greater than the standard quantity 8. When is the direct labor time variance favorable? A when the actual price paid is greater than the standard price B. when the actual price is less than the standard price C. when the actual quantity used is greater than the standard quantity D. when the actual quantity used is less than the standard quantity 9. A flexible budget A. gives actual figures for selling price B. predicts estimated revenues and costs at varying levels of production C. gives actual figures for variable and fixed overhead D. is not used in overhead variance calculations 10. The variable overhead efficiency variance is caused by the difference between which of the following? A. actual and budgeted units B. actual and standard allocation base C. actual units and actual overhead rates D. actual and standard overhead rates 11. Which of the following is a possible cause of an unfavorable material price variance? A purchasing higher quality material B. hiring substandard workers C. buying substandard material D. purchasing too much material 12. Which of the following is a possible cause of an unfavorable labor efficiency variance? A hiring substandard workers B. paying too much for workers C. buying higher-quality material D. making too many units