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Which variance family is it?

Exercise and reference answers

Questions
  1. Items
    1. Text
      Price variance
      Matches the category
      Yes
    2. Text
      Usage variance
      Matches the category
      Yes
    3. Text
      Mix variance
      Matches the category
      Yes
    4. Text
      Rate variance
      Matches the category
      No
    5. Text
      Efficiency variance
      Matches the category
      No
    Category
    Material variances
  2. Items
    1. Text
      Rate variance
      Matches the category
      Yes
    2. Text
      Efficiency variance
      Matches the category
      Yes
    3. Text
      Idle time variance
      Matches the category
      Yes
    4. Text
      Usage variance
      Matches the category
      No
    5. Text
      Price variance
      Matches the category
      No
    Category
    Labour variances
Instructions
Tap only the variances that belong to the family named on top.

Explanation

_Source: ICAI CA Inter Cost and Management Accounting, Ch13, 13.7 variance tree_
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