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Lime Company also produced Product Red and had a Flexible Budget Variance of $100,000 Favorable with the Direct Labour Efficiency Variance of $50,000 unfavourable. f)
Lime Company also produced Product Red and had a Flexible Budget Variance of $100,000 Favorable with the Direct Labour Efficiency Variance of $50,000 unfavourable. f) What was the amount of the Direct Labour Rate Variance? g) Was the Direct Labour Rate Variance favouable or unfavourable? h) Were the employees paid more or less per hour than management had budgeted? i) Were the employees efficient or inefficient at producing Product Red
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