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Author Question: Answer the following questions using the information below: These questions refer to flexible-budget ... (Read 42 times)

nramada

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Question 1

An unfavorable efficiency variance for direct manufacturing labor might indicate that ________.
◦ there is unexpected increase in direct labor rates
◦ work is scheduled inefficiently
◦ lower-quality materials were purchased
◦ more higher-skilled workers were scheduled than planned

Question 2

Answer the following questions using the information below: 

These questions refer to flexible-budget variance formulas with the following descriptions for the variables: A = Actual; B = Budgeted; P = Price; Q = Quantity.


Which variance is calculated using the formula (AQ - BQ) BP is the ________.
◦ efficiency variance
◦ price variance
◦ total flexible-budget variance
◦ spending variance


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Marked as best answer by nramada on Mar 6, 2021

courtney_bruh

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nramada

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Reply 2 on: Mar 6, 2021
:D TYSM


momolu

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Reply 3 on: Yesterday
Excellent

 

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