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Prince Inc -
What Was Prince's Actual Direct Labor Rate?
A) $3

question 67

Multiple Choice

Prince Inc. has the following information:
 Total payroll  Standard direct lab or hours  Labor rate variance  Labor mix variance  Labor yield variance$165,30045,000$8,700F$4,000F$2,000F\begin{array}{c}\begin{array}{lrr} \text { Total payroll } &\\ \text { Standard direct lab or hours } &\\ \text { Labor rate variance } &\\ \text { Labor mix variance } &\\ \text { Labor yield variance} &\\\end{array}\begin{array}{rr}\$ & 165,300 \\& 45,000 \\\$ & 8,700 F \\\$ & 4,000 F \\\$ & 2,000 F\end{array}\end{array}


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What was Prince's actual direct labor rate?


Definitions:

Y

Typically represents the dependent variable in a mathematical equation or function, often plotted on the vertical axis in a graph.

Positive Exponents

Exponents that are greater than zero, representing multiplication of the base number by itself a specified number of times.

Expression

A combination of numbers, variables, and arithmetic operations.

Simplify

To simplify an expression means to make it as straightforward as possible by combining like terms and performing arithmetic operations.

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