A Favorable Direct- Labor Usage Variance May Lead to an Unfavorable

question 114

True/False

A favorable direct- labor usage variance may lead to an unfavorable direct- labor price variance.

---

Definitions:

Cost Structures

The composition of fixed and variable costs that a company incurs during its operations, impacting its profitability.

Segmented

Divided into separate parts or sections, typically to allow for more targeted approaches or strategies.

Market Types

The classifications of market structures based on the number of sellers, product differentiation, and ease of entry, such as monopoly, oligopoly, and perfect competition.

Different Needs

Refers to the diverse requirements or desires of individuals or groups that products, services, or environments must meet to be considered effective or satisfactory.