{"id":48177,"date":"2024-04-15T22:37:28","date_gmt":"2024-04-15T22:37:28","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=48177"},"modified":"2024-04-15T22:37:28","modified_gmt":"2024-04-15T22:37:28","slug":"match-the-following-list-i-variances-list-ii-causes-a-overhead-efficiency-variance-1-power-failure-b-overhead-volume-variance-2-appointing-low-grade-employees-c-labour-idle-time-variance-3","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/match-the-following-list-i-variances-list-ii-causes-a-overhead-efficiency-variance-1-power-failure-b-overhead-volume-variance-2-appointing-low-grade-employees-c-labour-idle-time-variance-3\/","title":{"rendered":"Match the following. List-I (Variances) List-II (Causes) a. Overhead efficiency variance 1. Power failure b. Overhead volume variance 2. Appointing low grade employees c. Labour idle time variance 3. Poor working condition d. Labour efficiency variance 4. Working days being more or less than budgeted"},"content":{"rendered":"<p>\r\n    <!-- Check if it's an AMP page -->\r\n            <!-- Non-AMP version -->\r\n        <div class=\"mcq-container\" data-quiz-id=\"quizState_6a974692d86e3\">\r\n                                            <div class=\"option\" data-option-key=\"option1\" data-is-correct=\"false\">\r\n                    a-4, b-3, c-2, d-1                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option2\" data-is-correct=\"false\">\r\n                    a-3, b-4, c-1, d-2                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option3\" data-is-correct=\"true\">\r\n                    a-3, b-1, c-4, d-2                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option4\" data-is-correct=\"false\">\r\n                    a-2, b-1, c-4, d-3                <\/div>\r\n                            \r\n            <!-- Feedback messages for non-AMP -->\r\n            <div class=\"feedback\" data-feedback=\"wrong\">Answer is Right!<\/div>\r\n            <div class=\"feedback\" data-feedback=\"right\">Answer is Wrong!<\/div>\r\n        <\/div>\r\n\r\n        <script>\r\n        document.addEventListener('DOMContentLoaded', function () {\r\n            var containers = document.querySelectorAll('.mcq-container');\r\n\r\n            containers.forEach(function(container) {\r\n                var options = container.querySelectorAll('.option');\r\n                var feedbackSelect = container.querySelector('[data-feedback=\"select\"]');\r\n                var feedbackWrong = container.querySelector('[data-feedback=\"wrong\"]');\r\n                var feedbackRight = container.querySelector('[data-feedback=\"right\"]');\r\n\r\n                options.forEach(function(option) {\r\n                    option.addEventListener('click', function() {\r\n                        var selectedOption = option.getAttribute('data-option-key');\r\n                        var isCorrect = option.getAttribute('data-is-correct') === 'true';\r\n\r\n                        \/\/ Remove previous selections\r\n                        options.forEach(function(opt) {\r\n                            opt.classList.remove('correct', 'incorrect');\r\n                        });\r\n\r\n                        \/\/ Add the correct\/incorrect class\r\n                        if (isCorrect) {\r\n                            option.classList.add('correct');\r\n                            feedbackRight.hidden = false;\r\n                            feedbackWrong.hidden = true;\r\n                        } else {\r\n                            option.classList.add('incorrect');\r\n                            feedbackRight.hidden = true;\r\n                            feedbackWrong.hidden = false;\r\n                        }\r\n\r\n                        \/\/ Hide select feedback\r\n                        feedbackSelect.hidden = true;\r\n                    });\r\n                });\r\n            });\r\n        });\r\n        <\/script>\r\n    \r\n    <!--more--><\/p>\n<p>The correct answer is: C. a-3, b-1, c-4, d-2<\/p>\n<ul>\n<li>Overhead efficiency variance is the difference between the actual overhead cost and the budgeted overhead cost, adjusted for the actual volume of production. It is caused by inefficient use of resources, such as using more labor hours than necessary to produce a product.<\/li>\n<li>Overhead volume variance is the difference between the actual overhead cost and the budgeted overhead cost, adjusted for the actual volume of production. It is caused by a difference between the actual volume of production and the budgeted volume of production.<\/li>\n<li>Labour idle time variance is the difference between the actual labour hours used and the standard labour hours allowed, multiplied by <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                   <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div>  <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> the standard wage rate. It is caused by workers being idle for reasons such as machine breakdowns or waiting for materials.<\/li>\n<li>Labour efficiency variance is the difference between the actual labour hours used and the standard labour hours allowed, multiplied by the standard wage rate. It is caused by workers working less efficiently than expected, such as taking longer breaks or making more mistakes.<\/li>\n<\/ul>\n<p>In the question, option A is incorrect because labour idle time variance is caused by workers being idle for reasons such as machine breakdowns or waiting for materials, not by appointing low grade employees. Option B is incorrect because overhead volume variance is caused by a difference between the actual volume of production and the budgeted volume of production, not by power failure. Option D is incorrect because labour efficiency variance is caused by workers working less efficiently than expected, not by poor working conditions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Subscribe on YouTube<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[952],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Match the following. List-I (Variances) List-II (Causes) a. Overhead efficiency variance 1. Power failure b. Overhead volume variance 2. Appointing low grade employees c. Labour idle time variance 3. Poor working condition d. Labour efficiency variance 4. 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