The Following Data Relate to Direct Labor Costs for August:Actual

question 16

Multiple Choice

The following data relate to direct labor costs for August:Actual costs: 5,500 hours at $24.00 per hourStandard costs: 5,000 hours at $23.70 per hour​What is the direct labor rate variance?​

• A) ​$1,650 favorable
• B) ​$1,650 unfavorable
• C) ​$1,500 favorable
• D) ​$1,500 unfavorable

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Definitions:

H-Bonds

Hydrogen bonds, a type of weak chemical bond that occurs when a hydrogen atom covalently bonded to one electronegative atom is also attracted to another electronegative atom.

Peptide Backbone

The main structural component of a peptide, consisting of a repeated sequence of amino acids linked by peptide bonds.

Equilibrium

Equilibrium is a condition in a chemical reaction when the rate of the forward reaction equals the rate of the reverse reaction, leading to a constant concentration of reactants and products.

Tautomers

Isomers of organic compounds that differ in the position of protons and electrons but have the same molecular formula, often interconverting in a chemical equilibrium.