Eliezrie Corporation Makes a Product with the Following Standard Costs

question 175

Multiple Choice

Eliezrie Corporation makes a product with the following standard costs: In January the company's budgeted production was 7, 400 units but the actual production was 7, 500 units.The company used 45, 580 kilos of the direct material and 2, 030 direct labor-hours to produce this output.During the month, the company purchased 48, 500 kilos of the direct material at a cost of $53, 350.The actual direct labor cost was $18, 473 and the actual variable overhead cost was $7, 714. The company applies variable overhead on the basis of direct labor-hours.The direct materials purchases variance is computed when the materials are purchased.
The labor efficiency variance for January is:

• A)$2, 200 U
• B)$2, 002 F
• C)$2, 200 F
• D)$2, 002 U

---

Definitions:

Voter Turnout

The percentage of eligible voters who cast a ballot in an election, an important measure of democratic engagement.

Enfranchised

Refers to giving someone the right to vote in political elections.

Voters

Individuals who have the right to participate in electing leaders and voting on laws and policies in a democratic society.

Turnout Rate

The percentage of eligible voters who cast a ballot in an election.