Question: Alaska's World Connect - Class: B... D Cal State Apply ... To D foxed budget static budget D Question 14 Which of the following is

Alaska's World Connect - Class: B... D Cal State Apply ... To D foxed budget static budget D Question 14 Which of the following is TRUE about labor efficiency (quantity) variances? The wage rate paid to employees differs from standard rate The production manager generally must explain why the actual hours were different from standard. All of these are true It is calculated using the formula: AHAR) -(AHX SR). Question 15 Which of the following is NOT a formula related to materials cost variances? LAHAR) - ISHX SR) (AQ AP) - (AQSP) (AQ SP) - (SQSP) A0% P - SO SP Question 16

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