Arlene is a _____ salesperson for the company.

The Flapjack Corporation had 8,200 actual direct labor hours at an actual rate of $12.40 per hour. Original production had been budgeted for 1,100 units, but only 1,000 units were actually produced. Labor standards were 7.6 hours per completed unit at a standard rate of $13 per hour. Compute the labor rate variance

A) 4,920U B) 4,920F C) 4,560U D) 4,560U

The variance Var(x) for the binomial distribution is given by equation

a. np(n - 1). b. np(1 - np). c. n(1 - p). d. np(1 - p).