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Question 1 (2 points) When more hours of labor time are necessary to complete a job than the standard allows, the labor efficiency variance is

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Question 1 (2 points) When more hours of labor time are necessary to complete a job than the standard allows, the labor efficiency variance is unfavorable. True False Question 2 (2 points) Saved An unfavorable materials quantity variance occurs when the actual quantity used in production is less than the standard quantity allowed for the actual output of the period. True False

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