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Multiple choice questions. Please answer quickly. No work to show needed. Only a

ID: 2461535 • Letter: M

Question

Multiple choice questions. Please answer quickly. No work to show needed. Only answer required.

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The following information describes a company's usage of direct labor in a recent period The direct labor efficiency variance is Actual hours used Actual rate per hour Standard rate per hour Standard hours for units produced 45,000 $15.00 $14.50 47,000 $29,000 unfavorable $29,000 favorable. O $22,500 unfavorable. O $52,500 favorable. O $52,500 unfavorable.

Explanation / Answer

Answer : Option 2

2.DMQV = 1,800 F

Answer : Option 1

3.DMCV = 3,570 U

Answer : Option 2

4.Controllable variance

Answer : Option 5

5.Credited for actual labour cost

Answer : Option 4