Dem Mfg Has Gathered the Following Data in Preparing to Record

question 92

Multiple Choice

Dem Mfg. has gathered the following data in preparing to record their direct labour payroll costs for the week: Actual hours worked 18,500
Standard hours allowed 20,000
Total direct labour variance $8,300 F
Direct labour price variance $3,700 U
The standard direct labour price was:

• A)$8.00
• B)$8.20
• C)$3.07
• D)$3.05

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Definitions:

Factorial Analysis

Factorial analysis is another term for factor analysis, a technique employed in statistics to explore underlying factors or components that explain the variability among observed variables.

Main Effect

The direct influence of an independent variable on a dependent variable in an experiment.

Research Hypotheses

Proposed explanations for a phenomenon that are tested through scientific research.

Pizza Therapy

A humorous or non-traditional concept suggesting the use of consuming pizza as a form of emotional or psychological treatment.