Use the Information Below to Answer the Following Question(s)

question 16

Multiple Choice

Use the information below to answer the following question(s) .All Good Things Ltd.planned on producing 600 units for the year.However, actual production was 400 units.Information concerning the direct labour cost for All Good Things Ltd.is as follows: actual results 1,000 hours at $25 per hour; static budget amounts were 1,200 hours at $21 per hour.
-What is the All Good Things Ltd.flexible-budget variance?

• A)$8,400 F
• B)$8,400 U
• C)$8,200 U
• D)$8,200 F
• E)$200 U

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Definitions:

Is-a

A relationship where one class (subclass) is a more specific version of another class (superclass), indicating inheritance.

Relationship

In programming and databases, a connection or association between two entities such as classes or database tables.

Abstract Method

A method that is declared without an implementation in an abstract class, requiring subclasses to provide a specific implementation.

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A term used in programming languages that is part of the language syntax, not available for redefinition or use as an identifier.