Question 1
If a company's workforce consists of a number of new hires, then their lack of training could lead to an unfavorable direct labor efficiency variance.
◦ true
◦ false
Question 2
The variable overhead spending variance is the difference between the actual cost of variable overhead items and the amount of variable overhead cost that is expected to be incurred at the budgeted level of activity base experienced.
◦ true
◦ false