Given the Following Information,calculate the Direct Labour Rate Variance

question 38

Multiple Choice

Given the following information,calculate the direct labour rate variance:

• A) $17 250 (
• B) $20 700 (
• C) $21 000 (
• D) $20 700 (

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Definitions:

Economists

Scholars or professionals who study, develop, and apply theories and concepts from economics, and write about economic policy.

Capacity Utilization Rate

A measure of how well a company or economy is using its productive capacity, expressed as a percentage of total potential output that is actually being realized.

Recessions

Periods of temporary economic decline during which trade and industrial activity are reduced.

Gross Investment

The total amount spent on new capital assets, before accounting for depreciation, indicating the level of investment in an economy's productive capacity.