which of the following is a possible cause of an unfavorable labor efficiency variance? Show
A. hiring substandard workers B. making to many units C. buying higher-quality material D. paying too much for workers  Q: Which of the following statements might cause a labor efficiency variance? Statement 1 – Hiring of… A: Labor efficiency variance is the difference between actual labor hours used to produce a product and… Q: An unfavorable labor efficiency variance is created when: Please explain why I seen answers for both… A: Labour efficiency variance measures how much efficient the labour is in managing its efficiency in… Q: If variable manufacturing overhead is applied to production on the basis of direct labor-hours and… A: Direct Labor Efficiency Variance is the measure of difference between the standard cost of actual… Q: An unfavorable labor efficiency variance is created when: Please explain why I seen answers for both… A: Formula to compute labour efficiency variance is as follows: Labour efficiency variance =(Standard… Q: An unfavorable labor efficiency variance is created when: Please explain why I seen answers for both… A: Variance in labour costs means difference in budgeted cost of labour with actual cost of labour.… Q: 1. If demand is insufficient to keep everyone busy and workers are not laid off, which of the… A: Hey, since there are multiple questions posted, we will answer first question. If you want any… Q: Which of the following statements is incorrect with regards to production variances? Select… A: Production variance refers to form of measure which is used to compute the cost of production of… Q: If variable manufacturing overhead is applied to production on the basis of direct laborhours and… A: If variable manufacturing overhead is applied to production on the basis of direct labor hours and… Q: Which of the following would produce a materials price variance? Select one: a. An excess number… A: Variance analysis is the one that shows the disparity between the actual costs incurred and the cost… Q: Which of the following would produce a materials price variance? A. an excess quantity of materials… A: Material price variance: It can be defined as the difference between the budgeted and actual cost of… Q: If variable manufacturing overhead is applied to production on the basis of direct labor-hours… A: Direct Labor Efficiency Variance: Direct labor efficiency variance is the difference between the… Q: If variable manufacturing overhead is applied to production on the basis of direct labor-hours… A: Direct Labor Efficiency Variance: Direct labor efficiency variance is the difference between the… Q: An unfavorable fixed overhead volume variance can be due to all of the following except a.employee… A: The correct answer is option b. increase in utility costs. Q: Which of the following is a TRUE statement about the variable overhead efficiency variance when the… A: Variable overhead efficiency variance Variable overhead variance refers to the distinguished… Q: Although there are many reasons to this concern, one of the general reasons in gross profit variance… A: A variance is generated when there is a difference between a budgeted value and the actual value… Q: If there is an unfavorable direct material usage variance due to the substandard quality of the raw… A: Solution: If there is an unfavorable direct material usage variance due to the substandard quality… Q: Which of the following is NOT true? Multiple Choice An activity variances describes the… A: Activity Variance The term which are used in the costing techniques which describes as difference… Q: 11) Which of the following would produce a labor rate variance? Group of answer choices a) Poor… A: Introduction:- It is the difference between actual costs for direct labor and budgeted costs.… Q: Which of the following is true? Multiple Choice If a company has an unfavorable spending… A: The variance is the difference between the actual data and standard output of the production. Q: Examine the main reasons why manufacturing companies are more sensitive to material price variances,… A: (a) The main reasons why manufacturing companies are more sensitive to material price variances, as… Q: Describe three reasons for an unfavorable direct manufacturing labor efficiency variance. A: Direct Labor Efficiency Variance: Direct labor efficiency variance is the variation in the actual… Q: 23) Which of the following is possible cause of an unfavorable material price variance? a)Purchasing… A: Note: Since you have asked multiple questions, we will solve the first question for you. If you want… Q: Which of the following is the most probable reason a company would experience an unfavourable labour… A: The given problem is taken from standard costing. In such type of costing we estimate a standard for… Q: A favorable direct materials price variance and an unfavorable direct materials quantity variance… A: Direct Material Price Variance = Actual Quantity Purchased x (Standard Price - Actual Price) If… Q: Why can undue emphasis on labor efficiency variances lead to excess work in process inventories? A: Click to see the answer Q: Why can undue emphasis on labor efficiency variances lead to excess work in process inventories? A: Labour efficiency variance is a tool which shows the variance in labour cost due to difference in… Q: Why can undue emphasis on labor efficiency variances lead to excess work in process inventories? A: Labor efficiency variance is the difference between the standard direct labor hours allowed and… Q: T, F. In order to avoid the transfer of inefficiencies of service departments to operating… A: Standard Cost: It is the estimated cost of the manufacturing process or a product that is generally… Q: What effect, if any, would you expect purchasing poor-quality materials to have on direct labour… A: Direct labor variance arises due to the differences in the actual and budgeted rates of wage or… Q: how the purchasing department manager may achieve a favourable direct material pricing variance… A: Variance analysis: Variance analysis can be defined as the study of difference between the budgeted… Q: Why can undue emphasis on labor efficiency variances lead to excess inventories? A: Labour Efficiency variation tests the willingness to use resources in line with standards. This… Q: In gross profit analysis, a favorable cost of sales variance that includes an unfavorable cost… A: A favorable variance happens when the cost to produce is less than the budgeted cost. It means a… Q: An unfavorable labor rate variance is created when: Multiple Choice actual labor hours worked exceed… A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,… Q: Question 3 An unfavorable efficiency variance for direct manufacturing labor might indicate that… A: Variances are calculated in order to compare the budgeted performance with the actual results of the… Q: Which of the following would explain an unfavorable variable overhead efficiency variance? (1)… A: Unfavorable Variable overhead efficiency variance refers to a situation when Actual labor hour>… Q: Standard Costing and Variance Analysis Standard cost systems set budgets for the materials, labor,… A: Standard costing is a costing strategy for establishing performance standards that allow firms to… Q: A firm follows labour hours to allocate fixed overhead. A positive volume variance occurs a. When… A: The correct option is d. When actual labour hours is more than budgeted labour hours Q: Which of the following is not a benefit of a static budget performance report? O A. It is useful in… A: A static budget report is used to find sales and variable costs over a period of time and analyze… Q: Which of the following statements is false? * The quantity factor refers to the change in the number… A: The difference between the actual cost or price and the budgeted (standard) cost or price is… Q: The fixed factory overhead variance is caused by the difference between which of the following?… A: Standard costing is a method of costing which measure the performance by comparing actual cost with… Q: The difference between actual factory overhead and budgeted factory overhead on the basis of actual… A: The difference between the actual expenses and the budgeted expenses for the specific units is… Knowledge Booster Learn more about Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below. SEE MORE QUESTIONS Recommended textbooks for you Principles of Accounting Volume 2 ISBN:9781947172609 Author:OpenStax Publisher:OpenStax College Cornerstones of Cost Management (Cornerstones Ser... ISBN:9781305970663 Author:Don R. Hansen, Maryanne M. Mowen Publisher:Cengage Learning Managerial Accounting: The Cornerstone of Busines... ISBN:9781337115773 Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger Publisher:Cengage Learning Principles of Cost Accounting ISBN:9781305087408 Author:Edward J. Vanderbeck, Maria R. Mitchell Publisher:Cengage Learning Financial And Managerial Accounting ISBN:9781337902663 Author:WARREN, Carl S. Publisher:Cengage Learning, Managerial Accounting ISBN:9781337912020 Author:Carl Warren, Ph.d. Cma William B. 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Tayler Publisher:South-Western College Pub Which of the following is a possible cause of an unfavorable labor efficiency variance quizlet?Purchase of poor-quality materials may cause a favorable materials price variance and an unfavorable labor efficiency variance. An unfavorable labor rate variance can occur if workers with high hourly wage rates are assigned to work on products with standards that assume workers have low hourly wage rates.
What causes Unfavourable Labour efficiency variance?Reasons for adverse labor efficiency variances may include: Hiring of lower skilled labor than the standard (this should be reflected in a favorable labor rate variance). Lower learning curve achieved during the period than anticipated in the standard. Decrease in staff morale and motivation.
Which of the following is a possible cause of an Unfavourable materials quantity variance?Abnormal spoilage increases the amount of raw material consumed in manufacturing, creating an unfavorable materials quantity variance. Low-quality raw materials, broken machinery, and inadequately trained workers may be to blame for abnormal spoilage.
What are some possible reasons for a labor rate variance chegg?Reasons for Direct Labor Rate Variances
Reasons for favorable direct labor rate variance: Appointing skilled and experienced laborers for the vacancy. Decrease in overall wage rate resulting in favorable labor rate variance. Trying to maintain quality standards.
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Which of the following is a possible cause of an unfavorable labor efficiency variance?
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