Use the Following Data to Find the Direct Labor Cost

question 9

Multiple Choice

Use the following data to find the direct labor cost variance. $$\begin{array} { l l } \text { Direct labor standard (4 hrs. @ \$7hr) } & \$ 28 \text { per urit } \\\text { Actual hours worked per urit } & 3.5 \text { hours } \\\text { Actual urits produced } & 3,500 \text { urits } \\\text { Actual rate per hour } & \$ 7.50\end{array}$$

• A)$ 6,125 unfavorable.
• B)$ 7,000 unfavorable.
• C)$ 7,000 favorable.
• D)$12,250 favorable.
• E)$ 6,125 favorable.

Comprehend the treatment of excess consideration transferred over book value.

Recognize the effects of revaluation of assets and liabilities in consolidation.

Evaluate the impact of fair value adjustments on the investment account.

Calculate and understand the implications of amortization of goodwill and fair value allocations.

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Thermography

A process of recording the heat patterns and temperatures of objects, often used in medical diagnosis and building inspections.

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Electromagnetic waves with wavelengths longer than infrared light, used in communication technologies.

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A vector field that describes the magnetic influence on moving electric charges, electric currents, and magnetic materials.

Position

The placement or arrangement of a body or part of a body in a specific area or in relation to other parts.