Taccone Corporation Makes a Product That Has the Following Direct

question 127

Multiple Choice

Taccone Corporation makes a product that has the following direct labor standards:

In February the company produced 4,100 units using 1,120 direct labor-hours. The actual direct labor rate was $20.40 per hour.
-The labor rate variance for February is:

• A)$448 U
• B)$448 F
• C)$492 U
• D)$492 F

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Definitions:

Tax Deductible

Expenses that can be subtracted from gross income to reduce taxable income, ultimately decreasing the tax owed.

Dividends

Money distributed to shareholders by a corporation, usually from the company's profits.

Business Expense

Costs incurred in the ordinary course of business, including salaries, rent, and office supplies, among others.

Dividend Growth Rate

The yearly percent increase in a corporation's dividends for each share.