Question: An efficiency variance measures: A) How good a company is in keeping its unit costs of material and labor within standards. B) The difference between

An efficiency variance measures:

A) How good a company is in keeping its unit costs of material and labor within standards.

B) The difference between current and previous production costs.

C) How well a company uses its materials and labor to produce a unit of output.

D) The difference between its production costs and its competitors production costs.

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