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

question 114

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.sales-volume variance?

• A)$8,400 F
• B)$8,400 U
• C)$8,200 U
• D)$8,200 F
• E)$200 F

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Definitions:

Collectivists

Individuals or cultures that prioritize the goals and well-being of the group over those of the individual.

Individualists

Persons who prioritize personal goals and independence over collective goals and interdependence.

Social Norms

Implicit or explicit rules a group holds that influence how its members behave in a typical situation.

External Causes

Factors or circumstances outside the control or influence of an individual that contribute to a particular outcome or situation.