A credit balance in the labor yield variance implies:
A) the total units produced was greater than the expected number of units given the total labor hours actually used.
B) the total units produced was less than the expected number of units given the total labor hours actually used.
C) the total units produced was greater than the expected number of units given the total standard hours allowed.
D) the total units produced was less than the expected number of units given the total standard hours alloweD.
This would be a favorable variance.
Correct Answer:
Verified
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