Use the Following Information for the Next 6 Questions

question 91

Multiple Choice

Use the following information for the next 6 questions.
Hyteck, Inc. is a capital intensive firm. Indirect costs make up nearly 70% of the product costs. The company has no direct material costs because customers provide the direct materials used for each job. To plan and control such costs, the firm employs flexible budgets and standard costs. Overhead rates, based on direct labor hours, are derived from the master budget.
-The direct labor price variance was

• A) $2,000 F
• B) $2,800 U
• C) $1,000 U
• D) $1,000 F

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Definitions:

Viral Hepatitis

An infection of the liver caused by one of several viruses, notably types A, B, C, D, and E, leading to inflammation and potential long-term damage.

Darkened Urine

A change in urine color to a darker shade which may indicate dehydration or a health issue.

Genital Human Papillomavirus

A common virus that is transmitted sexually, causing genital warts and various cancers.

Genital Herpes

A common sexually transmitted infection marked by genital pain and sores, caused by the herpes simplex virus.