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 800unitsWhat is the labor rate variance for the month?
A. $13,320 U
B. $11,160 F
C. $2,430 F
D. $11,160 U
Answer: C
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Which of the following would typically be considered a source document?
a. Chart of accounts b. General ledger c. General journal d. Invoice received from seller
Providing as much input to the process as possible from as many concerned people as possible as early as possible is known as ______________
a. collaboration b. crowd sourcing c. congruent writing d. frontloading
According to the article, Can They Do That? By Lew Maltby:
a. A job candidate who has been arrested will probably not be disqualified unless the candidate was found guilty. b. Psychological tests are a good way to determine a job candidate's honesty. c. Employees who are being treated unfairly can protect themselves by joining a union. d. Credit score can keep you from getting a job, even if it doesn't involve handling money.
______ are voluntary agreements between leaders and followers.
A. Covenants B. Social capital C. Social proofs D. Social responsibilities