Question: A favourable material efficiency variance indicates that the actual quantity of material used is less than the standard material allowed for the actual quantity of

A favourable material efficiency variance indicates that the actual quantity of

A favourable material efficiency variance indicates that the actual quantity of material used is less than the standard material allowed for the actual quantity of output. the standard material allowed for the actuai quantity of output is less than the actual quantity of material used. the actual material price is less than the standard material price. the standard material price is less than the actual material price

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