Which of the Following Direct Labor Variances Uses the Standard $\begin{array} { l l l } & { \text { Price } } & { \text { Efficiency } } \\\end{array}$

question 68

Multiple Choice

Which of the following direct labor variances uses the standard hours allowed for the actual number of units produced?

$\begin{array} { l l l } & { \text { Price } } & { \text { Efficiency } } \\\end{array}$
A. $\begin{array} { l l l } & \text { Yes } && \text { Yes } \\\end{array}$
B. $\begin{array} { l l l } & \text { No } && \text { No } \\\end{array}$
C. $\begin{array} { l l l } & \text { Yes } && \text { No } \\\end{array}$
D. $\begin{array} { l l l } & \text { No } && \text { Yes } \\\end{array}$

• A) Option A
• B) Option B
• C) Option C
• D) Option D

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Definitions:

Figure

A descriptive term that can refer to a numerical value, a diagram, or an illustration used to convey information or represent data visually.

Premises

Statements or propositions from which conclusions are drawn in logical arguments.

Pragmatics

The branch of linguistics that deals with the use and context of language, including how meaning is constructed in different social scenarios.

Cognitive Processes

Mental functions involved in gaining knowledge and comprehension, including thinking, knowing, remembering, judging, and problem-solving.