Mathematics · Cost Accounting and Variances
Arrange the following labour variances in their structural sequence of hierarchy, starting from the aggregate total variance level to the most specific sub-variances: A. Labour Yield Variance B. Labour Mix (Gang) Variance C. Labour Efficiency Variance D. Labour Cost Variance Choose the correct sequence:
- 1B, A, C, D
- 2A, B, C, D
- 3C, B, D, A
- 4D, C, B, A✓
Correct answer
D, C, B, A
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