Calculate the Total Direct Labor Variance Using the Above Information

question 14

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

Understand cost calculations under absorption costing.

Understand cost calculations under variable costing.

Differentiate between absorption and variable costing.

Calculate net income under variable and absorption costing.

---

Definitions:

Performance Feedback

The process through which employees receive information about their job performance from their supervisors, peers, or other sources.

Pay Structure

The pay policy resulting from job structure and pay level decisions.

Technical Expertise

Specialized knowledge or skills in a specific field or technology, often acquired through education and experience.

Adaptation

The process of adjusting to new conditions or environments.