Ravena Labs

question 342

Multiple Choice

Ravena Labs., Incorporated makes a single product which has the following standards:Direct materials: 2.5 ounces at $20 per ounceDirect labor: 1.4 hours at $12.50 per hourVariable manufacturing overhead: 1.4 hours at 3.50 per hourVariable manufacturing overhead is applied on the basis of standard direct labor-hours. The following data are available for October:3,750 units of compound were produced during the month.There was no beginning direct materials inventory.Direct materials purchased: 12,000 ounces for $225,000.The ending direct materials inventory was 2,000 ounces.Direct labor-hours worked: 5,600 hours at a cost of $67,200.Variable manufacturing overhead costs incurred amounted to $18,200.Variable manufacturing overhead applied to products: $18,375. The labor efficiency variance for October is:

• A) $1,400 Favorable
• B) $1,900 Unfavorable
• C) $3,750 Favorable
• D) $4,375 Unfavorable

---

Definitions:

Death

The permanent cessation of all biological functions that sustain a living organism.

Psychosocial Task

A challenge or responsibility that is crucial for social and psychological development throughout different stages of life.

Young Adulthood

A developmental stage referring to individuals in their late teens to early 20s, characterized by increased independence, identity exploration, and the establishment of personal and professional goals.

Relationships

Connections or associations between people, which can be based on emotions, kinship, or social interactions.