An example of a performance measure with a long−timehorizon is ________. A. quality of room service B. direct materials efficiency variances C. number of new patents developed D. overhead spending variances
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- Identify several causes of a favorable labor efficiency variance.In 2 way variance analysis, materials, labor and variable overhead variances maybe broken down to ________ variances. A. Price and spending B. Quantity and time C. spending and efficiency D. spending and capacityIn a detailed solution, compute for: 1. materials price variance 2. labor rate variance
- Requirement: Compute for: A. Materials Mix VarianceB. Materials Yield VarianceCalculate the variable overhead rate, efficiency, and total spending variances for Bullseye.Please assist with requirements 1 and 2, providing explanations for each calculation in detail. Thanks! Requirements 1. Compute the variable overhead cost and efficiency variances and fixed overhead cost and volume variances. 2. Explain why the variances are favorable or unfavorable.
- Required: Compute for the price variance. Compute for the efficiency variance Compute for the materials varianceplease solve for these questions: b-1. What is the labor efficiency variance? b-2. What is the labor rate variance? c-1. What is the variable overhead efficiency variance? c-2. What is the variable overhead rate variance?To calculate variable overhead spending variance, efficiency variance and total variable overhead variance.