The Following Data Relate to Direct Labor Costs for the Current

question 141

Multiple Choice

The following data relate to direct labor costs for the current period:Standard costs36,000 hours at $22.00Actual costs35,000 hours at $23.00What is the direct labor time variance?

• A) $36,000 unfavorable
• B) $35,000 unfavorable
• C) $23,000 favorable
• D) $22,000 favorable

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Definitions:

Powers

The result of raising a base number to the exponent specified, indicating how many times the base is multiplied by itself.

Five-Figure Accuracy

A measurement precision where values are accurate up to five digits.

Solve For X

A common mathematical problem-solving phrase that involves finding the value of the variable 'x' that satisfies a given equation.

Solve For X

"Solve for X" is an instruction in mathematics to find the value of the variable X that satisfies a given equation.