61 On the diagram below, the line OW represents the standard labor cost at any output volume expressed in direct labor hours Point S indicates the actual output at standard cost, and Point A indicates the actual hours and actual cost required to produce S Which of the following variances are favorable or unfavorable Rate variance Efficiency variance a Favorable Unfavorable b Favorable Favorable c Unfavorable Unfavorable d Unfavorable Favorable $ Total Labor W Cost S Direct Man Labor Hrs

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Question: 61. On the diagram below, the line OW represents the standard labor cost at any output volume expressed in direct labor hours. Point S indicates

61. On the diagram below, the line OW represents the standard labor cost at any output volume expressed in direct labor hours. Point S indicates the actual output at standard cost, and Point A indicates the actual hours and actual cost required to produce S.

$ Total Labor W Cost S Direct Man. Labor Hrs. Which of the following variances are favorable or unfavorable? Rate variance Efficiency variance

a. Favorable Unfavorable

b. Favorable Favorable

c. Unfavorable Unfavorable

d. Unfavorable Favorable

$ Total Labor W Cost S Direct Man. Labor Hrs.

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