Newbill Enterprises Recently Used 24,000 Labor Hours to Produce 8,600

question 72

Multiple Choice

Newbill Enterprises recently used 24,000 labor hours to produce 8,600 completed units. According to manufacturing specifications, each unit is anticipated to take 2.75 hours to complete. The company's actual payroll cost amounted to $456,000. If the standard labor cost per hour is $19.20, Newhart's labor rate variance is:

• A) $1,920U.
• B) $1,920F.
• C) $4,800U.
• D) $4,800F.
• E) none of the other answers are correct.

---

Definitions:

Competitive Product

A product that competes in the same market as others by offering similar or better features, quality, or price to attract customers.

Suggestive Proposition

A sales technique that involves making recommendations or suggestions to guide potential customers towards making a purchase decision.

Logical Reasoning

The method of employing a logical, orderly sequence of actions relying on solid mathematical methods and provided assertions to reach a determination.

Visuals

Imagery, graphics, videos, or any visual content used in marketing, presentations, or communication to illustrate ideas, showcase products, or engage an audience.