For the Month of April,Thorp Co For the Month of April,actual Direct Labour Hours Amounted to Data

question 14

Multiple Choice

For the month of April,Thorp Co.'s records disclosed the following data relating to direct labour: $\begin{array} { l r } \text { Actual cost } & \$ 10,000 \\\text { Rate variance } & \$ 1,000 \text { favourable } \\\text { Efficiency variance } & \$ 1,500 \text { unfavourable }\end{array}$ For the month of April,actual direct labour hours amounted to 2,000.In April,what was Thorp's standard direct labour rate per hour?

• A) $4.50.
• B) $4.75.
• C) $5.00.
• D) $5.50.

Understand the role and regulations of debt collection practices and consumer rights under relevant laws.

Recognize factors and behaviors that lead to excessive indebtedness and its impacts.

Comprehend the benefits of accelerated debt repayment and its effects on lender risk.

Understand the types of debts not discharged in Chapter 7 bankruptcy.

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Definitions:

General Account

A summary or overview that encompasses a wide range of details or information about a specific topic or area of interest.

Egoist

An egoist is someone who acts out of self-interest, prioritizing their own benefits in their decisions and actions, often at the expense of others.

Own Ends

Pursuit of one's personal goals or objectives, typically without regard to the means by which they are achieved.

Motivated

Having a strong desire to do or achieve something.