The Following Labor Standards Have Been Established for a Particular

question 92

Multiple Choice

The following labor standards have been established for a particular product:

The following data pertain to operations concerning the product for the last month: What is the labor efficiency variance for the month?

• A)$5,955 U
• B) $9,240 U
• C) $9,240 F
• D) $6,090 U

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Definitions:

Creditor Beneficiary

A third party that benefits from a contract made between two other parties, especially regarding debt repayment.

Donee Beneficiary

In contract law, a person who benefits from the execution of a contract, though not one of the principle parties involved.

Incidental Beneficiary

A third party who benefits from a contract indirectly or unintentionally, without being a direct party to the agreement.

Delegatee

An individual or party to whom duties or authority are delegated by another, known as the delegator.