Suppose the Actual Labour Rate Exceeds the Standard Labour Rate

question 32

Multiple Choice

Suppose the actual labour rate exceeds the standard labour rate, and the actual labour hours exceed the number of hours allowed. What would be the labour rate variance and labour efficiency variance? Labour Rate Labour Efficiency
Variance Variance

• A) favourable favourable
• B) favourable unfavourable
• C) unfavourable favourable
• D) unfavourable unfavourable

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Definitions:

Good Citizens

Individuals who contribute positively to society through their actions, behaviors, and adherence to laws and societal norms.

Self-Fulfilling Prophecy

A prediction that directly or indirectly causes itself to become true, due to positive feedback between belief and behavior.

Deduction Theorem

A principle in logic stating that if a particular conclusion can be logically derived from a set of premises, then the implication of these premises leading to that conclusion is also true.

Gender Discrimination

Involves rewarding men and women differently for the same work.