Reason for unfavorable labor quantity variance

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Reference no: EM132052899

1. What do we call a market in which the price of a security is an accurate estimate by the market of its true value?

A. Efficient Market

B. Effective Market

C. Law of One Price

D. Primary Market

E. Secondary Market

2. Which one of the following is a reason for unfavorable labor quantity (efficiency) variance?

A. Poor scheduling of production, resulting in overtime work B. Use of workers commanding higher hourly rates than expected C. Increase in wages D. Use of poor-quality machinery

Reference no: EM132052899

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