Use the following data to find the total direct labor cost variance if the company produced 3,500 units during the period. Direct labor standard (4 hrs. @ $12/hr.)$48per unitActual hours worked 12,250 Actual rate per hour$12.50
A. $7,000 favorable.
B. $21,000 favorable.
C. $14,875 favorable.
D. $7,000 unfavorable.
E. $6,125 unfavorable.
Answer: C
You might also like to view...
The percentage-of-sales budgeting method encourages management to think of the relationship among communication cost, selling price, and profit per unit
Indicate whether the statement is true or false
According to COSO, an effective accounting system performs all of the following except
a. identifies and records all valid financial transactions b. records financial transactions in the appropriate accounting period c. separates the duties of data entry and report generation d. records all financial transactions promptly
The establishment of fairness and consistency in how employees are treated is ______.
a. procedural justice b. servant leadership c. universalism d. relativism
Educational seminars are most likely a good source of prospects because:
A) people who pay for a seminar will buy product B) salespeople need help conducting demonstrations C) most seminar attendees are referrals D) product benefits and features can be showcased E) salespeople can build a close into the keynote speech