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.

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Definitions:

Productive Teams

Groups of individuals working together effectively to achieve common goals and deliver results through optimal collaboration and efficiency.

Team Norms

Shared expectations and rules that guide the behavior of members within a team.

Team Goals

Objectives set by a group of individuals who are working together towards a common purpose or target.

Team Diversity

The inclusion of people with a wide range of characteristics and backgrounds in a team, enhancing creativity, problem-solving, and adaptability.