QUESTION 6Which of the following may be the likely reason for a favorable direct labor rate variance?O overestimated standard labor cost,O changes to the product specification which reduced manufacturing time.O reduction in direct labor costs due to a strike in the factory.O overestimated standard labor time per unit.

Direct labor cost is the difference between actual direct and standard direct labor rates at a…

Answered: overestimated standard labor cos…

overestimated standard labor cos changes to the product specificat reduction in direct labor costs due overestimated sctandard lobor t:me

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter9: Standard Costing: A Functional-based Control Approach

Section: Chapter Questions

Problem 27E: Which of the following is the most likely explanation for an unfavorable materials usage variance...

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