Question 1: Which of the following equations measures an efficiency variance?

A) AQ x (AP-SP)

B) SP x (AQ-SQ)

C) SQ x (AP-SP)

D) (AQ-SQ) x (Ap-SP)

PLEASE EXPLAIN the ANSWER

Question 2: Which of the following types of variances would a purchasing AGENT most likely influence?

A) Direct labor Rate

B) Direct materials price

C) Direct labor efficiency

D) Variable Overhead Spending

PLEASE EXPLAIN the ANSWER