Fletcher Company Collected the Following Data Regarding Production of One

question 124

Multiple Choice

Fletcher Company collected the following data regarding production of one of its products. Compute the direct labor rate variance. $\begin{array}{llr} \text { Direct labor standard (2 hrs. @ \$12.75/hr.) } &\$25.50& \text { per finished unit } \\ \text { Actual direct labor hours} &81,500& \text {hrs. } \\ \text {Actual finished units produced } &40,000& \text {units } \\ \text { Actual cost of direct labor } &\$1,100,250\\\end{array}$

• A) $61,125 unfavorable.
• B) $19,125 unfavorable.
• C) $61,125 favorable.
• D) $80,250 unfavorable.
• E) $80,250 favorable.

Know how to enhance reader comprehension through the correct use of captions, legends, and titles.

Appreciate the importance of referencing visuals properly in the text.

Recognize the broad applicability of infographics and the importance of visuals in cross-cultural communication.

Understand the stages and process for producing business videos.

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Definitions:

B2C

An acronym for "Business-to-Consumer," describing transactions conducted directly between a company and consumers who are the end-users of its products or services.

Book to Capital

The ratio of a company's net book value of its assets to its capital, indicating how much of the company's assets are financed by shareholder capital.

Purchases Journal

A journal used to record all purchases of goods and services on credit for a company's operational needs.

Creditor Accounts

Accounts payable to suppliers or lenders from whom a business has borrowed money or purchased goods on credit.