A Company Had a $22,000 Favorable Direct Labor Efficiency Variance

question 34

Multiple Choice

A company had a $22,000 favorable direct labor efficiency variance during a time period when the standard rate per direct labor hour was $22 and the actual rate per direct labor hour was $21.If the standard direct labor hours allowed for production were 5,000 what is the amount of actual direct labor cost during this period?

• A) $84,000
• B) $88,000
• C) $100,000
• D) $105,000
• E) $110,000

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Definitions:

Reciprocity

A principle of mutual exchange where actions or benefits provided by one party are returned by the other, fostering cooperation and fairness.

Human Resource Activities

Actions and processes carried out by the HR department, such as recruitment, training, and managing employee relations.

Competitive Survival

Refers to the strategies a company uses to outperform its competitors and maintain its position in the market.

Employee Development

The continuous effort by an organization to enhance the knowledge, skills, and capabilities of its employees, often through training and professional growth opportunities.