TaskMaster Enterprises Employs a Standard Cost System in Which Direct

question 72

Multiple Choice

TaskMaster Enterprises employs a standard cost system in which direct materials inventory is carried at standard cost. TaskMaster has established the following standards for the prime costs of one unit of product.
$\begin{array}{lclr}&\text { Standard } & \text { Standard } & \text { Standard } \\&\text { Quantity } & \text { Price } & \text { Cost }\\\text { Direct Materials } & \text { 8pounds } & \$ 1.80 \text { per pound } & \$ 14.40 \\\text { Direct Labor } & 0.25 \text { hour } & \$ 8.00 \text { per hour } & \underline{2.00}\\&&& \underline{\$16.40}\end{array}$


During November, TaskMaster purchased 160,000 pounds of direct materials at a total cost of $304,000. The total factory wages for November were $42,000, 90% of which were for direct labor. TaskMaster manufactured 19,000 units of product during November using 142,500 pounds of direct materials and 5,000 direct labor hours.
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Is the direct labor rate variance favorable or unfavorable?

• A) Favorable
• B) Unfavorable

Understand the common factors contributing to teenage pregnancy and the effectiveness of contraceptive use among teenagers.

Analyze the consequences of teenage pregnancy on individuals and society.

Identify and explain the warning signs of suicide among adolescents.

Comprehend the concept of status offenses and provide relevant examples.

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Definitions:

Certificate Of Waiver

A document that grants permission to deviate from standard regulatory requirements under specified conditions.

Agency Provides

The act of supplying or making available services or resources by an organization.

Hazard Requiring Label

Substances or situations that pose a risk to health, safety, or the environment, necessitating warning labels.