If actual hours worked exceed the standard hours allowed what type of variance will occur. (a). Favourable

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If actual hours worked exceed the standard hours allowed what type of variance will occur.

(a). Favourable labour usage (efficiency) variance. 

(b). Favourable labour rate variance. 

(c). Unfavourable labour usage (efficiency) variance. 

(d). Unfavourable labour rate variance.

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Cost Accounting

ISBN: 9780070221628

4th Edition

Authors: Jawahar Lal, Seema Srivastava

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