Dillon Has a Standard of 2 Hours of Labor Per

question 243

Multiple Choice

Dillon has a standard of 2 hours of labor per unit at $12 per hour. In producing 2000 units Dillon used 3850 hours of labor at a total cost of $46970. Dillon's labor price variance is

• A) $770 U.
• B) $800 U.
• C) $1030 F.
• D) $1930 F.

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Definitions:

Cholesterol

A lipid molecule synthesized in the liver or ingested from diet, essential for all animal life, but high levels are linked to cardiovascular diseases.

Waxy Substance

A general term for materials that are solid at room temperature and have a slippery or glossy texture; in biological contexts, it might refer to substances like cholesterol.

Cells

The smallest structural and functional units of life, which can replicate independently and are made up of cytoplasm enclosed within a membrane.

Blood Pressure

The force that circulating blood exerts against the walls of the arteries.