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Author Question: A favorable efficiency variance for direct manufacturing labor indicates that ________. (Read 52 times)

RRMR

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on: Mar 6, 2021

Question 1

A company purchases $650,000 of materials on credit.  The standard cost for the materials is  $675,000.  Which of the following would be the correct journal entries to record the purchase under a standard costing system?
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Question 2

A favorable efficiency variance for direct manufacturing labor indicates that ________.
◦ a lower wage rate than planned was paid for direct labor
◦ a higher wage rate than planned was paid for direct labor
◦ less direct manufacturing labor-hours were used during production than planned for actual output
◦ more direct manufacturing labor-hours were used during production than planned for actual output
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by RRMR on Mar 6, 2021

Leostella20

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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RRMR

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

TheDev123

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Reply 3 on: Yesterday
Wow, this really help

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