Jurczyk Corporation Makes a Product That Has the Following Direct

question 7

Multiple Choice

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

In December the company's budgeted production was 4,600 units, but the actual production was 4,400 units. The company used 1,330 direct labor-hours to produce this output. The actual direct labor cost was $14,364.
-The labor rate variance for December is:

• A)$264 F
• B)$266 U
• C)$264 U
• D)$266 F

---

Definitions:

Financial Matters

Pertains to issues, operations, or decisions involving the management, investment, and expenditure of money.

High Failure Rate

A situation where a significant proportion of attempts or efforts in a particular endeavor result in failure.

Competitive Business

A business that actively strives for a superior position in the marketplace through strategies like innovation, quality improvement, and customer service enhancement.

Challenges of Growth

The difficulties and obstacles that a company or organization faces as it expands or increases in size.