Which of the following statements regarding variances is valid?
A) Using higher quality material than standard could explain an adverse labour efficiency variance.
B) Improved maintenance of production machinery could explain an adverse material usage variance.
C) An adverse labour rate variance could explain a favourable labour efficiency variance.
D) Poor supervision could explain a favourable labour rate variance.

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements regarding variances is valid?
A) Using higher quality material than standard could explain an adverse labour efficiency variance.
B) Improved maintenance of production machinery could explain an adverse material usage variance.
C) An adverse labour rate variance could explain a favourable labour efficiency variance.
D) Poor supervision could explain a favourable labour rate variance.

Which of the Following Statements Regarding Variances Is Valid