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Favorable Efficiency Variance

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The favorable efficiency variance for direct labor inidicates that _____.

a lower wage rate than expected was paid for direct labor, a higher wage rate than expected was paid for dircet labor, less direct labor hours were used during production than expected for actual output, or more direct labor hours were used during production than expected for actual output

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The favorable efficiency variance for direct labor inidicates that less ...

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Umut Oltulu, MBA
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  • BSc, Dokuz Eylul University
  • MBA, Texas A&M University-Kingsville
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