The following labor standards have been established for a particular product: Standard labor-hours per unit of output 9.0hoursStandard labor rate$15.10per hourThe following data pertain to operations concerning the product for the last month: Actual hours worked 8,100hoursActual total labor cost$119,880 Actual output 800units?What is the labor rate variance for the month?
A. $13,320 U
B. $11,160 U
C. $2,430 F
D. $11,160 F
Answer: C
You might also like to view...
Allowance for Doubtful Accounts has a credit balance of $500 at the end of the year (before adjustment), and uncollectible accounts expense is estimated at 3% of net sales. If net sales are $600,000, the amount of the adjusting entry to record the provision for doubtful accounts is
A) $18,500 B) $17,500 C) $18,000 D) none of the above
According to your textbook, why might anthropologists – those trained to study culture – be surprised by the enthusiasm for ‘excellence’?
a. Cultures that sought to constantly reemphasize their symbols, rituals, and beliefs were those in trouble b. Anthropologists have argued for centuries that strong cultures lead to excellence c. All strong cultures experience a decline, like the Egyptian, Greek, Roman, and British empires d. Anthropologists argued that there is no such thing as a strong culture
An agreement whereby the parties to a contract agree to accept something different in
satisfaction of the original contract is called an accord and satisfaction. Indicate whether the statement is true or false
Before beginning to compose the first draft of a message, the first step in the process is to select an appropriate channel of communication
Indicate whether the statement is true or false