Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION 1 If less direct materials are used than expected by the standard the direct materials efficiency variance is unfavourable the direct materials price variance

image text in transcribed

QUESTION 1 If less direct materials are used than expected by the standard the direct materials efficiency variance is unfavourable the direct materials price variance is favourable the direct materials price variance is unfavourable the direct materials efficiency variance is favourable QUESTION 2 Which of these factors could not be the cause of a direct labour efficiency variance? labour hour standards that are too low a change in the production process that affects the usage of direct labour hours a new wage rate agreed between unions and management improved worker training QUESTION 3 Revenue variances can be broken down into: sales price variance and sales efficiency variance. sales spending variance and sales efficiency variance. sales price variance and sales volume variance. sales spending variance and sales volume variance

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Audit Culture How Indicators And Rankings Are Reshaping The World

Authors: Cris Shore, Susan Wright

1st Edition

0745336450, 978-0745336459

More Books

Students also viewed these Accounting questions

Question

What are the wavelengths used in fiber optic communication?

Answered: 1 week ago