Multiple Choice
The entry to record unfavorable labour efficiency variance and a favourable labour rate variance is
A) Cr WIP Cr Labour Efficiency Var Dr Labour Rate Var Dr Wages Payable
B) Cr WIP Dr Labour Efficiency Var Dr Labour Rate Var Cr Wages Payable
C) Dr WIP Dr Labour Efficiency Var Cr Labour Rate Var Cr Wages Payable
D) Dr WIP Cr Labour Efficiency Var Cr Labour Rate Var Dr Wages Payable
Correct Answer:
Verified
Correct Answer:
Verified
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