Standard and Actual Costs for Direct Labor for the Manufacture

question 92

Essay

Standard and actual costs for direct labor for the manufacture of 300 units of product were as follows:
Actual costs 125 hours @ $54.00
Standard costs 131 hours @ $53.00
Determine the direct labor a time variance, b rate variance, and c total cost variance.

Recognize and understand the purpose and use of the 'this' reference in class methods.

Grasp the concept of encapsulation and information hiding in object-oriented programming.

Understand the principles of ADTs (Abstract Data Types) and their significance in data hiding and encapsulation.

Understand the concept and usage of copy constructors in Java.