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  3. 1. (actual hours worked-standard hours allowed) x

1. (actual hours worked-standard hours allowed) x standard rate per hour produce you product....

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Question

Accounting

1.

(actual hours worked-standard hours allowed) x standard rate per hour produce you product.

materials usage variance

materials price variance

labor rate variance

Labor efficiency variance

2.

(actual price-standard price) x actual quantity purchased produce your product.

materials price variance

Labor efficiency variance

materials usage variance

labor rate variance

3.

Which is prepared first in a master budget?

Sales budget

cash budget

Income statement

Production or purchases budget

4.

What details the planned investing activities of the company?

sales budget

operating budget

capital budget

cash budget

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