Bonnot Corporation Makes a Product That Has the Following Direct

question 160

Multiple Choice

Bonnot Corporation makes a product that has the following direct labor standards: The company budgeted for production of 2,100 units in October, but actual production was 1,900 units. The company used 410 direct labor-hours to produce this output. The actual direct labor rate was $20.60 per hour.
-The labor rate variance for October is:

• A)$164 F
• B)$164 U
• C)$152 U
• D)$152 F

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Definitions:

John Locke

A 17th-century English philosopher and thinker who laid much of the groundwork for the Enlightenment and contributed to the development of political philosophy, particularly regarding liberalism and social contract theory.

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Official approval or penalty for conduct enforced by a legal authority.

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An inlet of the Atlantic Ocean and a key location of early English settlements in North America, notably the Massachusetts Bay Colony founded in 1630.

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The indigenous peoples of the Americas, encompassing a wide range of tribes, cultures, and languages existing prior to European colonization.