The Litton Company Has Established Standards as Follows

question 126

Multiple Choice

The Litton Company has established standards as follows:

Direct material: 3 pounds per unit $4 per pound = $12 per unit
Direct labor: 2 hours per unit $8 per hour = $16 per unit
Variable manufacturing overhead: 2 hours per unit $5 per hour = $10 per unit

Actual production figures for the past year are given below. The company records the materials price variance when materials are purchased.
The company applies variable manufacturing overhead to products on the basis of standard direct labor-hours.
-The labor efficiency variance is:

• A)$800 F
• B)$800 U
• C)$840 F
• D)$840 U

Identify the types of tectonic forces and their effects on rock structures.

Describe how rocks respond to stress and deformation under different conditions.

Understand the impact of human resource practices on organizational success.

Identify key practices and laws that protect employees and promote diversity in the workplace.

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Definitions:

Prevention Focus

A motivation based on the desire to avoid negative outcomes or failures, leading to cautious and conservative strategies in goal pursuit.

Need For Cognition

A personality trait that reflects a person's love for engaging in and enjoying thinking.

Self-Monitoring

The extent to which individuals regulate their behavior to accommodate social situations, reflecting on how one's actions are perceived by others.

Promotion Focus

A psychological approach emphasizing the pursuit of goals and aspirations, focusing on potential gains and accomplishments.