Which of the following variance is always adverse ?

CS Executive · Cost and Management Accounting · PYQS · December 2018
Which of the following variance is always adverse ?
(A) Labour Rate Variance
(B) Efficiency Variance
(C) Labour Idle Time Variance
(D) Capacity Variance

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Standard Costing

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