Sheldon Company Manufactures Only One Product and Uses a Standard

question 70

Multiple Choice

Sheldon Company manufactures only one product and uses a standard cost system.During the past month,the manufacturing operations had the following variances: Direct labor rate variance $30,000 Favorable.Direct labor efficiency variance 50,000 Unfavorable Sheldon allows 5 standard direct labor hours per unit produced,and its standard direct labor hourly rate is $50.During the month,the company used 25 percent more direct labor hours than the standard allowed.How many units of the product were produced during the past month?

• A)800.
• B)1,000.
• C)1,200.
• D)1,500.
• E)2,000.

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Definitions:

Novelty

The quality of being new, original, or unusual.

Temperament

Innate traits that determine an individual's approach to the environment, influencing behavior patterns from early life.

Academic Performance

Refers to the level of achievement or success a student has attained in their educational pursuits, often measured through grades, assessments, and other academic indicators.

Inhibition

Inhibition is the psychological process of restraining impulses, desires, or behaviors, often due to societal norms, personal conscience, or perceived obstacles.