Mention a few reasons for an unfavorable direct labor cost variance


An unfavorable labor cost variance can be due to several reasons.
1. Unplanned leave taken by laborers
2. Shortage of skilled labor
3. Large number of high-paid laborers
4. Increased hours of idle time
5. Lack of training

Business

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Whether investments are reported as current assets or noncurrent assets depends on the company's intent

a. True b. False Indicate whether the statement is true or false

Business

A ________ divides the innovation process into stages with a checkpoint at the end of each stage

A) reverse assumption analysis technique B) skunkworks system C) stage-gate system D) spiral development process E) new-product department technique

Business

Salaries of supervisory production personnel should be classified as direct labor costs

Indicate whether the statement is true or false

Business

Direct costs are assignable directly to a particular ________.

Fill in the blank(s) with the appropriate word(s).

Business