A direct labor efficiency variance is favorable if laborers actually work more hours than the flexible budget calls for to produce the actual quantity of output

Indicate whether the statement is true or false

FALSE .A direct labor efficiency variance is favorable if laborers actually work fewer hours than the flexible budget calls for to produce the actual quantity of output.

Business

You might also like to view...

What is an example of an external environment force?

A. All of these B. Political C. Economic D. Social

Business

Which of the following characterizes country risk?

A) The political and legal systems of adjacent nations greatly impact the country risk of nations that host foreign firms. B) Country risk will change only after the creation of laws and regulations that affect foreign firms. C) A nation's country risk level remains fairly constant until the election and installation of a new political leader. D) Country risk is always present, but its nature and intensity vary over time and from country to country.

Business