Use the Following Data to Find the Total Direct Labor

question 8

Multiple Choice

Use the following data to find the total direct labor cost variance if the company produced 3,500 units during the period.

• A)$6,125 unfavorable.
• B)$7,000 unfavorable.
• C)$7,000 favorable.
• D)$21,000 favorable.
• E)$14,875 favorable.

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Definitions:

Inventory Reports

Detailed documents that track the quantity, location, and status of inventory items within a business, aiding in inventory management and control.

Audit Log

A chronological documentation that captures the detailed activities or changes within an application or system for review and compliance monitoring.

Financial Statements

Collective records of a company's financial activities, including the balance sheet, income statement, statement of cash flows, and statement of changes in equity, providing insights into its financial condition and operations.

Dashboard

A user interface that provides a quick overview of various metrics and performance indicators, often customizable and used in software applications.