Calculate the Total Direct Labor Variance Using the Above Information

question 148

Multiple Choice

Calculate the Total Direct Labor Variance using the above information

• A) $2,051.25 Favorable
• B) $2,051.25 Unfavorable
• C) $2,362.50 Unfavorable
• D) $2,362.50 Favorable

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Definitions:

Proletariat

The proletariat is a term used in Marxist theory to describe the class of workers who do not own the means of production and must sell their labor power to survive.

Bourgeoisie

The class in capitalist societies that owns the means of production and employs wage labor, historically associated with wealth and societal power.

Capitalist System

An economic system where trade, industry, and the means of production are largely or entirely owned and operated by private individuals or companies for profit.

Sociological Perspective

A viewpoint in sociology that emphasizes looking beyond individual behavior to the wider societal contexts that shape actions and attitudes.