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

question 69

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.static-budget variance?

• A)$400 F
• B)$400 U
• C)$600 F
• D)$200 F
• E)$200 U

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Definitions:

Dependent Variable

In a scientific study, a measure of an assumed effect of an independent variable.

Performance

Performance refers to the act of carrying out a task or function, often evaluated in terms of effectiveness, efficiency, or skill.

Socioeconomic Status

A combined measure of an individual's or family's economic and social position relative to others, based on income, education, and occupation.

Sexual Orientation

An inherent or immutable enduring emotional, romantic, or sexual attraction to other people.