An unfavorable labor efficiency variance can result from O an increase in workers' hourly rates O high priced materials O the payment of overtime premiums O worker skill level
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- Which of the following is a possible cause of an unfavorable labor rate variance? A. hiring too many workers B. hiring higher-quality workers at a higher wage C. making too many units D. purchasing too much materialWhich of the following is a possible cause of an unfavorable labor efficiency variance? A. hiring substandard workers B. making too many Units C. buying higher-quality material D. paying too much for workersWhat are some possible reasons for a labor rate variance? A.Hiring of less qualified workers B.An excess of material usage C.Material price increase D.Utilities usage change
- Which of the following statements might cause a labor rate variance? Group of choices: Hiring of inexperienced workers Lack of supervision Faulty equipment Poor scheduling of workAn unfavorable fixed overhead volume variance can be due to all of the following except a.employee inexperience b.an increase in utility costs c.machine breakdowns d.sales orders at a low levelWhich of the following statements might cause a labor efficiency variance? Statement 1 – Hiring of workers with pay higher than that assumed when the standard for a job was set. Statement 2 – Lack of training for workers Group of choices: None of the statements Statement 1 only Statement 2 only Both Statement
- Please Do not Give image formatWhat are some reasons for a material quantity variance? A. building rental charges increase B. labor rate decreases C. more qualified workers D. labor efficiency increasesWhy does a company use a standard costing system? A. to identify variances from actual cost that assist them in maintaining profits B. to identify nonperformers in the workplace C. to identify what vendors are unreliable D. to identify defective materials
- Which of the following would produce a labor rate variance? A. Poor quality materials causing breakage and work interruptions.B. Use of persons with high hourly wage rates in tasks that call for low hourly wage rates.C. Excessive number of hours worked in completing a job.D. An unfavorable variable overhead spending variance.An adverse labour efficiency variance together with a favourable labour rate variance could suggest that? a) The business is paying a higher hourly rate than standardb) More products are being made per hourc) Less labour hours are needed to make the same amount of output d) Less skilled staff are being used in productionWhat would be the most likely cause of an unfavorable pay rate variance together with a favorable efficiency (usage) variance? The employment of more highly skilled staff than budgeted Improved efficiency of production Poor wage negotiation by top management Employment of less well-trained staff
