Prince Inc What Was Prince's Actual Direct Labor Rate?
A) $3

question 30

Multiple Choice

Prince Inc.has the following information:
$$\begin{array} { | l | r | l | } \hline \text { Total payroll } & \$ 165,300 & \\\hline \text { Standard direct labor hours } & 45,000 & \\\hline \text { Labor rate variance } & \$ 8,700 & \mathrm {~F} \\\hline \text { Labor mix variance } & \$ 4,000 & \mathrm {~F} \\\hline \text { Labor yield variance } & \$ 2,000 & \mathrm {~F} \\\hline\end{array}$$ What was Prince's actual direct labor rate?

• A) $3.60.
• B) $3.70.
• C) $3.80.
• D) $3.90.

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Definitions:

Three-Mountain Task

A cognitive developmental measure designed by Jean Piaget to study children's ability to take on another's perspective and understand that different viewpoints exist.

Preoperational Child

A developmental stage posited by Piaget, typically aged 2 to 7 years, marked by the beginning use of symbols and language but limited in logical reasoning.

Subtraction

A mathematical operation that represents the process of taking one quantity away from another, resulting in the difference.

Addition

A mathematical operation that represents combining numbers or quantities to get a total sum.