Monster Company Produces a Product Requiring 3 Direct Labor Hours

question 142

Multiple Choice

Monster Company produces a product requiring 3 direct labor hours at $16.00 per hour. During January 2000 products are produced using 6300 direct labor hours. Monster's actual payroll during January was $98280. What is the labor quantity variance?

• A) $2280 U
• B) $4800 F
• C) $2520 F
• D) $4800 U

Recognize the role and effect of heuristics, algorithms, and mental sets on problem-solving and decision-making.

Identify and analyze how biases and intuition influence judgments and perceptions.

Understand the cognitive processes involved in thinking, knowing, remembering, and communicating.

Analyze how prototypes influence recognition and recall of information.

---

Definitions:

Educational Psychologists

Specialists in the psychological study of teaching and learning, who apply theories of cognitive, moral, and social development to educational practices.

Counselling Psychologists

Professionals who specialize in aiding individuals in managing personal and interpersonal challenges through psychological theories and techniques.

Experimental Psychology

A branch of psychology that studies the human mind and behavior through controlled experiments to understand psychological phenomena.

Cognitive Psychology

The area of psychology focused on understanding mental activities, such as thinking, perception, memory, and learning.