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Managerial accounting Study Set 9
Quiz 10: Standard Costs and Overhead Analysis
What Was the Labour Rate Variance for November
Question 51
Multiple Choice
What was the labour rate variance for November? A) $550 unfavourable. B) $1,050 unfavourable. C) $2,150 favourable. D) $2,150 unfavourable.
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Q 52
What was the labour efficiency variance for November? A) $550 unfavourable. B) $1,050 unfavourable. C) $1,600 favourable. D) $1,600 unfavourable.
Q 53
What was the total variable overhead variance for November? A) $175 unfavourable. B) $225 favourable. C) $225 unfavourable. D) $400 unfavourable.
Q 54
What was the materials price variance for January? A) $1,300 unfavourable. B) $1,640 favourable. C) $1,640 unfavourable. D) $1,700 favourable.
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