The Standard Labor Rate Is

question 115

Multiple Choice

The standard labor rate is:

• A)the expected hourly cost of labor,excluding employee taxes and benefits.
• B)the expected hourly cost of labor,including employee taxes and benefits.
• C)the amount of time that workers should take to produce a single unit of product.
• D)the amount of time that workers should take to produce a single unit of product times the expected hourly cost of labor.

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Definitions:

Behavior Modification

The use of reward and punishment to alter behavior, based on the principles of operant conditioning.

Behavior Frequency

The count of how often a specific behavior or action is performed over a set period of time.

Variable Ratio Schedule

A reinforcement schedule in which the number of responses required for a reward varies, often leading to high and steady rates of response.

Commission

A form of payment or an instruction to perform a particular task or service, often based on a percentage of sales made.