An unfavorable direct labor cost variance occurs when a company: Group of answer choices Incurs more direct labor costs per unit than the standard direct labor cost per unit. Hires employees at a wage rate less than the standard rate. Pays more wages per hour than the standard rate. Uses more hours per unit of output than it should have used.
An unfavorable direct labor cost variance occurs when a company: Group of answer choices Incurs more direct labor costs per unit than the standard direct labor cost per unit. Hires employees at a wage rate less than the standard rate. Pays more wages per hour than the standard rate. Uses more hours per unit of output than it should have used.
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter10: Standard Costing And Variance Analysis
Section: Chapter Questions
Problem 20MCQ: An unfavorable volume variance can occur because a. too much finished goods inventory was held. b....
Related questions
Question
An unfavorable direct labor cost variance occurs when a company:
Group of answer choices
Incurs more direct labor costs per unit than the standard direct labor cost per unit.
Hires employees at a wage rate less than the standard rate.
Pays more wages per hour than the standard rate.
Uses more hours per unit of output than it should have used.
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