Accounting · Management Accounting
Which of the following would explain a labour efficiency planning variance? 1. A change in employment legislation requiring staff to take longer rest periods 2. Customers demanding higher quality products leading to a change in product design 3. The learning effect for labour being estimated incorrectly in the production budget
- 11, 2 and 3
- 23 only✓
- 32 and 3 only
- 41 and 2 only
Correct answer
3 only
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