A Company Would Most Likely Have an Unfavorable Labor Rate

question 164

Multiple Choice

A company would most likely have an unfavorable labor rate variance and a favorable labor efficiency variance if

• A)the mix of workers used in the production process was more experienced than the normal mix.
• B)the mix of workers used in the production process was less experienced than the normal mix.
• C)workers from another part of the plant were used due to an extra heavy production schedule.
• D)the purchasing agent acquired very high quality material that resulted in less spoilage.

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Definitions:

Reliability

The degree to which an assessment tool or measurement is consistently accurate across different times and contexts.

Validity

The extent to which a concept, conclusion or measurement is well-founded and likely corresponds accurately to the real world.

Goal Development

The process of identifying specific, measurable, achievable, relevant, and time-bound objectives to pursue in personal or professional contexts.

Decision-Making Process

The cognitive process of choosing from multiple alternatives to reach a conclusion or strategy, involving steps such as identifying a problem, generating options, and selecting a course of action.