Which one of the following may account for an adverse labour efficiency variance? O a. Using higher grade materials leading to lower wastage rates O b. Change in labour-market conditions between the setting of the standard and the actual event O c. Higher purchase cost of raw materials O d. Using a higher grade of worker than was planned O e. Poor supervision

Which one of the following may account for an adverse labour efficiency variance? O a. Using higher grade materials leading to lower wastage rates O b. Change in labour-market conditions between the setting of the standard and the actual event O c. Higher purchase cost of raw materials O d. Using a higher grade of worker than was planned O e. Poor supervision

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Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter8: Standard Costs And Variances

Section: Chapter Questions

Problem 24MC: Which of the following is a possible cause of an unfavorable labor efficiency variance? A. hiring...

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