If a Company Assigns Factory Labor to Production at a Cost

question 172

Multiple Choice

If a company assigns factory labor to production at a cost of $84000 when standard cost is $80000 it will

• A) debit Labor Price Variance for $4000.
• B) credit Labor Price Variance for $4000.
• C) debit Labor Quantity Variance for $4000.
• D) credit Labor Quantity Variance for $4000.

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Definitions:

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A water-soluble vitamin, also known as ascorbic acid, important for the growth, development, and repair of all body tissues and is involved in many body functions, including formation of collagen, absorption of iron, and immune system support.

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