The Standard Labour Price Is $10 Per Hour

question 127

Multiple Choice

The standard labour price is $10 per hour. The standard labour hours required per unit are 3. Last month 400 units were produced and 1,500 hours were used. Actual labour cost was $15,750. What are the direct labour price and efficiency variances? Price variance Efficiency variance

• A)$3,000 U $750 U
• B)$750 U $3,000 U
• C)$750 F $3,000 F
• D)$3,000 F $750 F

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Definitions:

Unconditional Stimulus

A stimulus that elicits a natural, reflexive response without prior learning or conditioning.

Differentiation

The process of distinguishing or creating differences between objects, ideas, or aspects of experience, often to understand or categorize them more effectively.

Primary Circular Reactions

The repetitive actions that infants engage in to explore their bodies and the immediate environment, a concept introduced by Piaget within his stages of cognitive development.

Primary Indicates

Likely meant to be "Primary Indicators," which are main or core measures used to assess a condition or phenomenon.