Use the Following Data to Find the Direct Labor Efficiency

question 23

Multiple Choice

Use the following data to find the direct labor efficiency variance.
$\begin{array}{ll}\text { Direct labor standard (4 hrs. @ } & \text { \$28 per unit } \\\text { \$7/hr.) } & \\\text { Actual hours worked per unit } & \text { 3.5 hours } \\\text { Actual units produced } & 3,500 \text { units } \\\text { Actual rate per hour } & \$ 7.50\end{array}$

• A) $6,125 unfavorable
• B) $7,000 unfavorable
• C) $7,000 favorable
• D) $12,250 favorable
• E) $6,125 favorable

Discern the components and critiques of the moral model of addiction.

Understand the multifaceted nature of addiction according to the syndrome model.

Recognize the role of neuro-biological and psychosocial antecedents in addiction.

Understand the financial implications of transactions involving preferred and common stock, including dividends, rights, and warrants.

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Definitions:

Interest Income

Income earned from deposit accounts or from investing in interest-bearing financial instruments.

Purchasing Power

The worth of a currency depicted by how many goods or services can be purchased with one unit of it.

Deflation

A decrease in the general price level of goods and services, often associated with reduced demand or increased supply.

Small Denomination Time Deposits

Small denomination time deposits are savings accounts or certificates of deposit under a specified amount that typically offer interest over a fixed term.