During October,10,000 Direct Labour Hours Were Worked at a Standard

question 40

Multiple Choice

During October,10,000 direct labour hours were worked at a standard cost of $10 per hour.If the direct labour rate variance for October was $4,000 unfavourable,what would be the actual cost per direct labour hour?

• A)$9.20
• B)$9.60
• C)$10.00
• D)$10.40

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Definitions:

Engagement Letter

A written agreement that outlines the scope of work, terms, and responsibilities between a professional service provider and their client.

Accounting Services

Professional services involving the maintenance, auditing, and analysis of financial records and transactions for individuals or businesses.

Contractual Terms

Stipulations, clauses, and conditions outlined in a contract that define the obligations, rights, and duties of the parties involved.

Securities Act Of 1933

A U.S federal law enacted to ensure more transparency in financial statements so investors can make informed decisions about investments, and to establish laws against misrepresentation and fraudulent activities in the securities markets.