If the actual labour hours worked exceed the standard labour hours allowed, what type of variance will occur? Multiple Choice Favourable labour efficiency variance. ) Favourable labour rate variance. 0 Unfavourable labour efficiency variance. 0 Unfavourable labour rate variance. The standards for direct labour for a product are 2.5 hours at $8 per hour. Last month, 9,000 units of the product were made, and the labour efficiency variance was $8,000 favourable. What was the actual number of hours worked during the past period? Multiple Choice O 20,500 hours 21,500 hours O 22,500 hours o o 20 min | O 22.00 hours 23,500 hours What does an unfavourable labour efficiency variance indicate? Multiple Choice The actual labour rate was higher than the standard labour rate. The labour rate variance must also be unfavourable. Actual labour hours worked exceeded standard labour hours for the production level achieved. Overtime labour was used during the period. The Fletcher Company uses standard costing. The following data are available for October Actual quantity of direct materials used Standard price of direct materials Materials quantity variance 23,500 kilograms $2 per kilogram $1,000 favourable What was the standard quantity of material allowed for October production