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Which of the following statement regarding variances is incorrect? The DM quantity variance compares the...

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Accounting

Which of the following statement regarding variances is incorrect?
The DM quantity variance compares the amount of input used during production
to the standard quantity of input allowed during production
The DL rate variance compares the actual rate per DL hour to the standard rate
per DL hour
The DM price variance compares the actual cost per unit of output to the
standard cost per unit of output.
The Flexible budget variance is broken down into the DM price variance, DM
quantity variance, DL rate variance, and DL efficiency variance.
The DL efficiency variance compares the actual DL hours logged during
production to the standard quantity of DL hours allowed during production.
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