Use the Information Below to Answer the Following Question(s)

question 43

Multiple Choice

Use the information below to answer the following question(s) .All Good Things Ltd.planned on producing 600 units for the year.However, actual production was 400 units.Information concerning the direct labour cost for All Good Things Ltd.is as follows: actual results 1,000 hours at $25 per hour; static budget amounts were 1,200 hours at $21 per hour.
-What is the All Good Things Ltd.direct labour rate variance?

• A)$4,200 U
• B)$4,200 F
• C)$200 F
• D)$4,000 F
• E)$4,000 U

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Definitions:

Procedural Memory

A type of long-term memory that encompasses the unconscious knowledge of how to perform tasks and skills, such as riding a bicycle or typing.

Implicit Memory

A form of memory that enhances the performance of a task based on prior experiences, without the individual being consciously aware of these past experiences.

Implicit Memory

A form of memory that allows us to carry out activities without being consciously aware of past experiences.

Explicit Memory

The conscious recall of information, such as facts and events, which can be verbally communicated.