Multiple Choice
Choco Sweet Inc.gives you the following information: The standard labor time of 0.75 labor hour is required to produce one unit.The standard labor cost for a 10 pound bag of chocolate is $8 per labor hour.The following is data relating to the actual cost and usage data.
-Using the above information provided for Choco Sweet,compute the direct labor rate variance for Choco Sweet Inc.
A) $8,500 (F)
B) $11,688 (U)
C) $6,000 (F)
D) $2,500 (U)
Correct Answer:

Verified
Correct Answer:
Verified
Q96: The purchasing agent is responsible for developing
Q97: Standard costs are realistically predetermined costs of
Q98: The standard overhead cost is the sum
Q99: The direct materials standards for the main
Q100: The final step in variance analysis is
Q102: Underfoot Products uses standard costing.The following information
Q103: Harrison Inc.has computed direct labor standards for
Q104: Which of the following is true of
Q105: Gunnie Inc.produces and sells dog food.Each bag
Q106: The total variable overhead variance is comprised