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Use the Following Cost Information to Calculate the Direct Labor

question 87

Essay

Use the following cost information to calculate the direct labor rate and efficiency variances and indicate whether they are favorable or unfavorable.
 Actual costs and quantities:  Direct labor cost incurred ............ $360,000 Direct labor hours used ........... 20,000 hours  Units produced ................... 45,000 units  Standard costs and quantities:  Direct labor rate per hour $16.50 hours produce one unit .......... 0.5\begin{array}{|l|r|}\hline\text { Actual costs and quantities: }\\\hline \text { Direct labor cost incurred ............ } & \$ 360,000 \\\hline \text { Direct labor hours used ........... } & 20,000 \text { hours } \\\hline \text { Units produced ................... } & 45,000 \text { units } \\\hline \text { Standard costs and quantities: } &\\\hline \text { Direct labor rate per hour } \ldots \ldots \ldots \ldots \ldots & \$ 16.50 \\\hline \text { hours produce one unit .......... }&0.5\\ \hline \end{array}

Recognize the ear structures not directly involved in hearing or equilibrium.
Understand the structure and function of equilibrium-organizing organs within the inner ear.
Differentiate between the sensory mechanisms of static and dynamic equilibrium.
Recognize the functions and responses of various components within the vestibular system.

Definitions:

Alloploid

An organism having two or more sets of chromosomes that are derived from two different species.

Chromosomes

Proteinous, string-like entities situated in the cell nucleus of animals and plants, containing a single DNA molecule.

Phylogenetic Species

Refers to a group of organisms that are classified together based on a common ancestor, emphasizing genetic lineage.

Biological Species Concept

A definition of species that refers to groups of interbreeding natural populations that are reproductively isolated from other such groups.

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