Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 11) if a company pays their factory workers an hou

11) If a company pays their factory workers an hourly wage less than expected, which...

90.2K

Verified Solution

Question

Accounting

image
11) If a company pays their factory workers an hourly wage less than expected, which variance would this affect? A) The labor rate variance B) The materials price variance C) The labor efficiency variance D) The materials quantity variance 12) If a company shows a materials price variance, the manager that is usually responsible would be the A) Advertising Manager B) Purchasing Manager C) Sales Manager D) Labor Manager 13) Jackson Corporation uses a labor force that is usually paid $10 per hour for its direct labor. Because of a labor shortage, the company has to bring in workers that are now paid $12 per hour for the same direct labor. Because of this, Jackson Corporation will most likely report a: A) Favorable labor efficiency variance B) Unfavorable labor efficiency variance c) Favorable labor rate variance D) Unfavorable labor rate variance

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students