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MrRissso [65]
2 years ago
14

During January, 7,175 direct labor hours were worked at a standard cost of $20 per hour. If the direct labor rate variance for J

anuary was $17,500 favorable, the actual cost per direct labor hour must be
Business
1 answer:
LUCKY_DIMON [66]2 years ago
8 0

the actual cost per direct labor hour must be $17.56

<h3>What is direct labor?</h3>

A direct labor cost is a component of a wage bill or payroll that can be specifically and consistently assigned to or associated with the production of a product, a specific work order, or the provision of a service.

Variable labor, fixed labor, direct labor, and indirect labor are the four types of labor costs.

Labor cost is an important value that finance and accounting professionals calculate to determine a company's direct and indirect labor costs. Wages and benefits for employees directly involved in the production of the product or service commodity are included in the direct cost of labor.

To know more about direct labor follow the link:

brainly.com/question/26245657

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what process include devising and maintaining a workable scheme to ensure that the project addresses the organization's need
nadezda [96]

Answer:

Planning

Explanation:

Planning of a project is needed to provide a guide to sponsors, stakeholders, the team, and the project manager on project phases and schedule.

When planning is done it avoids delays, identifies desired goals, reduces risk, and effectively delivers expected result.

Lack of planning causes waste of resources and missed deadlines on the project.

Steps in a project plan can include the following:

- Meeting with stakeholders

- Set goals

- Define deliverables

- Create a schedule

- Perform risk assessment and identify issues

- Present the plan to stakeholders

6 0
3 years ago
The Wiley Oakly Company has just gone public. Under a firm commitment agreement, Wiley received $21.39 for each of the 7.75 mill
Zarrin [17]
And I don’t know how you can get e
6 0
3 years ago
How did IT help the company solve that problem?
Vikentia [17]

Answer:

IT helps society and determines how people interact with each other on a daily basisIt enables you to identify problems quicker and easier and helps you better analyze a complex problem. Technology students are especially encouraged to be innovative and to want to improve a current situation by encountering and solving problems, in an advanced way.

Explanation:

IT means Information Technology

#HOPE IT HELPED#

8 0
2 years ago
Which pricing tactic calls for offering three similar products, one that is lower priced and less attractive and two that are co
netineya [11]

Decoy pricing tactic calls for offering three similar products, one that is lower priced and less attractive and two that are comparable but more expensive.

<h3><u></u></h3><h3><u>What is decoy pricing?</u></h3>

A price strategy called decoy pricing aims to "push" customers to make a decision. Customers sometimes have to choose between products with varying costs and features while making purchases. And when a business seeks to increase sales of a certain product, it frequently chooses what is known as a decoy pricing structure to sway the consumer's choice. In this instance, the "decoy" is either a product with a slightly cheaper price but much worse quality, or a product with a significantly higher price but slightly greater quality.

The attraction effect and the compromise effect are the two distinct effects on which the decoy pricing strategy is predicated.

<u></u>

Learn more about pricing tactics with the help of the given link:

brainly.com/question/25716956?referrer=searchResults

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8 0
2 years ago
What is a characteristic of Cloud computing?​
Arisa [49]
Cloud computing services are paid for based on consumption. The business model is analogous to the utility, the rental car, or the hotel industries, where users don’t own any of the infrastructure (power/cars/rooms) and pay only for the services they consume on a monthly basis. Similar to the examples mentioned, cloud computing resources are available on-demand. That’s my three sentence synopsis of the business concept behind cloud computing, but I also see it as a technical change in the way IT resources are delivered and consumed.

Hope this helps!
8 0
3 years ago
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