Question: This is an accounting multiple choice question from my notes and I'm fairly certain that the answer is a, favorable but just wanted to double-check
This is an accounting multiple choice question from my notes and I'm fairly certain that the answer is a, favorable but just wanted to double-check
Variable manufacturing overhead is applied to products on the basis of standard direct labor-hours. If the labor efficiency variance is favorable, the variable overhead efficiency variance will be:
a) favorable.
b) unfavorable.
c) zero.
d) either favorable or unfavorable.
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