True or False: Participative budgeting seeks to motivate employees. True or False: A variable overhead efficiency variance could be caused by using poor quality material that needs more labor time to meet production standards. True or False: The direct labor efficiency variance is the difference between the standard hours allowed for the output achieved and the actual hours multiplied by the actual labor rate. True or False: The budget committee in most organizations consists of the CFO, Vice-President of Sales, and Vice-President of Production.