Which of the following is the most likely explanation for the types of labor variances resulting from Roman's July operations?
A) Management used workers who received a higher wage and worked more efficiently.
B) Management reduced the wage rates in July,which caused the workers to deliberately slow down productivity.
C) Management used less experienced workers whose lower wage rate more than offset their lower productivity.
D) Management paid workers more than standard hourly rates,but the excess pay did not result in increased productivity.
Correct Answer:
Verified
Q62: A large favorable variance from standard costs
Q63: [The following information applies to the questions
Q64: [The following information applies to the questions
Q65: [The following information applies to the questions
Q66: Favorable standard cost variances are normally closed
Q68: Roman's labor efficiency variance for July is:
A)$1,250
Q69: [The following information applies to the questions
Q70: The journal entry to record the cost
Q71: Roman's labor rate variance for July is:
A)$1,250
Q72: The use of inexpensive,low quality,materials often results
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