If the actual labor rate exceeds the standard labor rate and the actual labor hours exceed the number of hours allowed, the labor rate variance and labor efficiency variance will be:
a)
rate = Favorable efficiency = Favorable
b)
rate = Unfavorable efficiency = Favorable
c)
rate = Favorable efficiency = Unfavorable
d)
rate = Unfavorable efficiency = Unfavorable
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Home » Business » If the actual labor rate exceeds the standard labor rate and the actual labor hours exceed the number of hours allowed, the labor rate variance and labor efficiency variance will be: a) rate = Favorable efficiency = Favorable b) rate =