> > >

Accounting MCQs

A favorable efficiency variance for direct manufacturing labor indicates that ________.

A lower wage rate than planned was paid for direct labor

A higher wage rate than planned was paid for direct labor

Less direct manufacturing labor-hours were used during production than planned for actual output

More direct manufacturing labor-hours were used during production than planned for actual output

Answer

Correct Answer: Less direct manufacturing labor-hours were used during production than planned for actual output

Explanation:

Note: This Question is unanswered, help us to find answer for this one

Accounting Skill Assessment

Your Skill Level: Poor

Retake Quizzes to improve it