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  3. a. the color-coding of the bars in this visualizat

a. The color-coding of the bars in this visualization indicates which of the following is...

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Accounting

a. The color-coding of the bars in this visualization indicates which of the following is true?
The actual direct labor cost is greater than the amount allowed for the actual level of output.
The actual direct labor cost is less than the amount allowed for the actual level of output.
The actual direct labor cost is greater than the amount allowed for the planned level of output.
The actual direct labor cost is less than the amount allowed for the planned level of output.
b. Assuming the company investigates all variances that exceed $2,000 or 5%, which of the following statements is true?
The labor spending variance exceeds the dollar threshold but it does not exceed the percentage threshold.
The labor spending variance exceeds the percentage threshold but it does not exceed the dollar threshold.
The labor spending variance exceeds the dollar and percentage thresholds.
The labor spending variance does not exceed the dollar or percentage threshold.
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