Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION 3 Which of the following factors would cause an unfavorable labor rate variance? a. Using higher quality materials. b. Using more unskilled workers. c.

image text in transcribed

QUESTION 3 Which of the following factors would cause an unfavorable labor rate variance? a. Using higher quality materials. b. Using more unskilled workers. c. Using more highly skilled workers. d. Using low-efficiency workers. QUESTION 4 If the actual direct materials price per pound rate is greater than the standard direct materials price per pound; and the actual quantity of direct materials used is greater than the standard quantity of direct materials allowed for production, the direct materials variances will be: a. a favorable materials price variance, and a favorable materials quantity variance. b. an unfavorable materials price variance, and a favorable materials quantity variance. C. an unfavorable materials price variance, and an unfavorable materials quantity variance. d. a favorable materials price variance, and an unfavorable materials quantity 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_2

Step: 3

blur-text-image_3

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

Financial Accounting

Authors: Robert Kemp, Jeffrey Waybright

2nd edition

978-0132771801, 9780132771580, 132771802, 132771586, 978-0133052152

More Books

Students also viewed these Accounting questions

Question

=+b) Obtain a forecast for the week of May 28, 2007.

Answered: 1 week ago