Accounting · Variance Analysis
Which of the following would help to explain a favourable direct labour efficiency variance? (i) Employees were of a lower skill level than specified in the standard. (ii) Better quality material was easier to process. (iii) Suggestions for improved working methods were implemented during the period.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1(i) and (iii) only
- 2(ii) and (iii) only✓
- 3(i) and (ii) only
- 4(i), (ii) and (iii)
Correct answer
(ii) and (iii) only
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