Page 399 - F2 - MA Integrated Workbook STUDENT 2018-19
P. 399
Standard costing
Test your understanding 13
If employees are more skilled than had been allowed for in the original
standard cost, which of the following variances are most likely to results?
Select all that apply
Tick
Favourable material usage
Adverse material usage
Favourable labour efficiency
Adverse labour efficiency
Favourable labour rate
Adverse labour rate
Favourable variable overhead efficiency
Adverse variable overhead efficiency
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