Identify the cause of an unfavorable variance in profit. a.Actual labor cost is lower than budget b.Actual sales volume is higher than budget c.Actual material cost is higher than budget d. Actual sales price is higher than budget Explain
Identify the cause of an unfavorable variance in profit. a.Actual labor cost is lower than budget b.Actual sales volume is higher than budget c.Actual material cost is higher than budget d. Actual sales price is higher than budget Explain
Chapter8: Standard Costs And Variances
Section: Chapter Questions
Problem 17MC: When is the direct labor time variance unfavorable? A. when the actual quantity used is greater than...
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Identify the cause of an unfavorable variance in profit.
a.Actual labor cost is lower than budget
b.Actual sales volume is higher than budget
c.Actual material cost is higher than budget
d. Actual sales price is higher than budget
Explain
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