Shia Company Makes a Product That Is Expected to Require

question 111

Multiple Choice

Shia Company makes a product that is expected to require 2 hours of labor per unit of product.The standard cost of labor is $5.20.Shia actually used 2.1 hours of labor per unit of product.The actual cost of labor was $5.30 per hour.Shia made 1,000 units of product during the period.Based on this information alone,the labor price variance is:

• A) $200 unfavorable.
• B) $200 favorable.
• C) $210 favorable.
• D) $210 unfavorable.

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Definitions:

Solute Concentration

The amount of a solute that is dissolved in a solvent, determining the concentration of a solution.

Ovulation

The release of an egg from an ovary, an event that occurs usually once in each menstrual cycle, enabling fertilization if sperm are present.

White Blood Cell Count

A measure of the number of white blood cells in a volume of blood, used as an indicator of immune system health.

Water-Soluble Drug Use

Refers to the application and administration of drugs that can dissolve in water, affecting their absorption and distribution in the body.