QUESTION 28 Which of the following is not a characteristic of a participative budget? a. It is the most efficient method of budget preparation b. It is a time-consuming process as many people must provide input c. It tends to elicit more commitment to the budget than a top-down budget d. It will produce a more accurate budget than an imposed budget QUESTION 29 If the Cost of Goods Sold amount is less than the cost of goods manufactured amount, then a. overhead was overapplied b.overhead was underapplied C. Finished Goods Inventory decreases during the period d. Finished Goods Inventory increases during the period QUESTION 30 Ahmet Company manufactures garden tables. The direct labor standard for each table is 1.25 direct labor hours at a standard rate of $12.00 per hour. During March, Ahmet used 36,000 direct labor hours to produce 30,000 tables. Ahmet's direct labor payroll totaled $428,400. What is Ahmet's direct labor efficiency variance for March? $18,000 favorable a. $3,600 unfavorable $18,000 unfavorable $3,600 favorable