m oucation.com woonnect html Maps News Translate Apple Bing G Google Imported AL) - CH 8, 9, 10 The production budget is typically prepared before the direct materials budget True or False True False Maps New Tate Apple D ing G Google Imported AL) - CH 8, 9, 10 The direct labor budget shows the direct labor hours required to satisfy the production budget True or False True False Prey 6 of 28 Ny > H89 A favorable labor rate variance indicates that Multiple Choice . ) the actual rate exceeds the standard rate actual hours exceed standard hours the standard rate exceeds the actual rate standard hours exceed actual hours