Efficient Corporation Uses a Standard Cost System

question 16

Multiple Choice

Efficient Corporation uses a standard cost system.The following information was provided for the period that just ended:

-The direct labor time variance is

• A)$31,725 favorable.
• B)$32,400 favorable.
• C)$89,100 unfavorable.
• D)$121,500 unfavorable.

---

Definitions:

Psychological Egoist

A theory or belief that posits individuals are inherently driven by self-interest, and all actions, even those appearing altruistic, are ultimately motivated by personal gain.

Motivated

Having a strong willingness or drive to do something.

Own Interests

Pursuits or objectives that serve an individual's personal benefit or advantage.

Epicurus

Ancient Greek philosopher who founded Epicureanism, a philosophy advocating for the pursuit of happiness through modest pleasures and the avoidance of pain.