Palo Corp Manufactures One Product with a Standard Direct Labour Cost

question 17

Multiple Choice

Palo Corp. manufactures one product with a standard direct labour cost of 2 hours at £6.00 per hour. During March, 500 units were produced using 1,050 hours at £6.10 per hour. The unfavourable direct labour efficiency variance is

• A)£100.
• B)£105.
• C)£300.
• D)£305.

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Definitions:

Homeotic Genes

Genes that control the development of anatomical structures in various organisms by determining the identity of body parts.

Transcription Factors

Proteins that bind to specific DNA sequences to control the rate of transcription of genetic information from DNA to messenger RNA.

Enzymes

Biological molecules that act as catalysts to speed up chemical reactions in living organisms.

Eukaryotes

Organisms whose cells contain a nucleus enveloped by a membrane, including animals, plants, fungi, and protists.