Which of the Following Would Most Likely Be Considered Direct

question 7

Multiple Choice

Which of the following would most likely be considered direct labour?

• A)a worker installing components in a computer
• B)a maintenance worker
• C)a security guard
• D)a sales person

Identify the valuable assets and partnership efforts pivotal to the success of a franchise system.

Grasp the fundamental principles of opportunity recognition, margin analysis, and transaction analysis in franchising.

Understand the processes and strategies for franchise system growth, including the development of target audiences and marketing programs.

Understand the concept of target audience segmentation in marketing.

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Definitions:

Direct Materials Price Variance

The difference between the actual cost of direct materials used in production and the standard cost, multiplied by the actual quantity of materials used.

Direct Labor Rate Variance

The difference between the actual cost of direct labor and the expected (or standard) cost, used in variance analysis to control labor costs.

Direct Materials Cost Variance

The difference between the budgeted cost of materials for products and the actual cost incurred.

Direct Labor Rate Variance

The difference between the actual cost of labor per hour and the standard or expected cost, multiplied by the total labor hours worked.