Use the Information Below to Answer the Following Questions

question 34

Multiple Choice

Use the information below to answer the following questions.
-Refer to the table above. The labour variance can best be described as:

• A) being caused by an increase in the pay rate for labour.
• B) an adverse variance resulting from excessive use of labour and/or a rise in the hourly rate of pay.
• C) being caused by more efficient labour.
• D) a favourable variance resulting from the efficient use of labour and/or a reduction in the hourly pay rate.

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Definitions:

Build Relationships

The process of developing and nurturing connections, interactions, or bonds between individuals or entities.

Upward Communication

The process of information flow from the lower levels of a hierarchy to the upper levels within an organization.

Higher Level

Refers to something that is of a greater complexity, advancement, or sophistication compared to something else.

Management

The practice of organizing, planning, leading, and controlling resources and people to achieve specific goals.