Borden Enterprises Uses Standard Costing

question 135

Multiple Choice

Borden Enterprises uses standard costing. For the month of April, the company reported the following data: • Standard direct labor rate: $10 per hour
• Standard hours allowed for actual production: 8,000 hours
• Actual direct labor rate: $9.50 per hour
• Labor efficiency variance: $4,800 Favorable
The labor rate variance for April is:

• A)$3,760 U
• B)$3,760 F
• C)$2,850 F
• D)$2,850 U

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Definitions:

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Pertaining to morals, principles of right and wrong, or the philosophy regarding moral conduct.

Sales Clerk

A retail worker responsible for assisting customers, conducting sales transactions, and maintaining the sales floor's organization.

NASW Code of Ethics

A document that outlines the ethical principles and standards that guide the professional conduct of social workers, emphasizing principles like social justice, dignity and worth of the person, and the importance of human relationships.