Bodacious Corporation Produced 100 Units of Product AA What Is the Labor Efficiency Variance for Bodacious Corporation?
A)$480

question 61

Multiple Choice

Bodacious Corporation produced 100 units of Product AA. The total standard and actual costs for materials and direct labor for the 100 units of Product AA are as follows: $\begin{array} { l l l l } \text { Materials: } & & \text { Standard } & \text { Actual } \\ \text { Standard: } & 200 \text { pounds at } \$ 3.00 \text { per pound } & \$ 600 & \\ \text { Actual: } & 220 \text { pounds at } \$ 2.85 \text { per pound } & & \$ 627 \\\\\text { Direct labor: } & \\ \text { Standard: } & 400 \text { pounds at } \$ 15.00 \text { per pound } & \$ 600 & \\ \text { Actual: } & 368 \text { pounds at } \$ 16.50 \text { per pound } & & \$ 6,027 \end{array}$ What is the labor efficiency variance for Bodacious Corporation?

• A)$480 (U)
• B)$480 (F)
• C)$552 (U)
• D)$552 (F)

---

Definitions:

Konrad Lorenz

An Austrian zoologist known for his foundational work in ethology, the study of animal behavior, particularly regarding the concept of imprinting.

Moro Reflex

An involuntary response seen in newborns, where they suddenly extend their arms and legs, arch their back, and then retract everything if they feel they are falling.

Withdrawal Reflex

An automatic response of the body moving away from a source of potential harm or discomfort.

Palmar Reflex

An involuntary response seen in infants where the hand closes into a fist when the palm is touched; this reflex typically disappears by 5-6 months of age.