1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
STatiana [176]
2 years ago
14

Bodacious Corporation produced 100 units of Product AA. The total standard and actual costs for materials and direct labor for t

he 100 units of Product AA are as follows:
Business
1 answer:
andre [41]2 years ago
8 0

The  labor efficiency variance for Bodacious Corporation is $480 (F).

<h3><u>What is labor efficiency variance?</u></h3>
  • The ability to employ labor in accordance with expectations is measured by the labor efficiency variance.
  • The variation can be used to highlight the parts of the production process that are taking longer than expected to complete.
  • Industrial engineers will analyze the underlying process to determine if it can be improved to decrease the number of production hours needed if the variance outcome is unfavorable.
  • Some potential improvements include:
  • Streamlining the product's design to speed up assembly
  • a decrease in the procedure's overall scrap output
  • the level of automation rising
  • Changing the process
  • If this is not possible, the normal number of hours needed to make an item is increased to better reflect the amount of efficiency that actually exists.

Materials: Standard Actual

Standard: 200 pounds at $3.00 per pound $600

Actual: 220 pounds at $2.85 per pound $627

Direct labor:

Standard: 400 hours at $15.00 per hour $6,000

Actual: 368 hours at $16.50 per hour $6,072

Therefore, The  labor efficiency variance for Bodacious Corporation is $480 (F).

Know more about labor efficiency variance with the help of the given link:

brainly.com/question/14015212

#SPJ4

You might be interested in
If the price index has a value of 122 then the inflation rate during the past year was 22%. True or False
Lyrx [107]
If I am correct it is true
8 0
3 years ago
Liability for contracts formed by an agent depends on how the principal is classified and on whether the actions of the agent we
charle [14.2K]
<span>Liability for contracts formed by an agent depends on how the principal is classified and on whether the actions of the agent were authorized or unauthorized. Principals are classified as disclosed, partially disclosed or undisclosed.

A liability contract is used when someone is liable for causing bodily harm or injuries to another person. These are contracts and legally binding documents. If someone id undisclosed, they don't share all of the information. Disclosed is when the information is fully shared. Partially disclosed is when someone says they have a principle but do not disclose all of the information. 
</span>
7 0
3 years ago
The field of operations management is shaped by advances in which of the following fields?
natulia [17]

Answer:

E) all of the above

Explanation:

THIS ARE THE OPTIONS FOR THE QUESTION BELOW

A) chemistry and physics

B) industrial engineering and management science

C) biology and anatomy

D) information technology

E) all of the above

Operations management can be regarded as administration of business practices which brings about creation

of highest level of efficiency that can be created within an organization. It is responsible for conversion of materials as well as labor to goods/services so that profit can be maximized efficiently

in an organization. It should be noted that The field of operations management is shaped by advances in fields such as ;

✓chemistry and physics

✓management science

✓ biology and anatomy

✓information technology

✓Industrial engineering

7 0
3 years ago
Joe Keller and Ed Keller are brothers and both are lawyers. They start a personal injury law firm. Over the course of six months
dlinn [17]

Answer:

<h2>They are bankrupt.</h2>

Explanation:

Bankrupt is a stage given by a legal court, that is legally assigned when they are able to demonstrate that they can't pay the debts. So, the court could order the relief of their debts or part.

7 0
3 years ago
Gabby Company sells a product for $ 100 per unit. Variable costs are $ 60 per​ unit, and fixed costs are $ 2 comma 500 per month
Ann [662]

Answer:

(a) $40

(b) $24,000

(c) 40%

Explanation:

Given that,

Selling price = $100 per unit

Variable costs = $60 per​ unit

Fixed costs = $2,500 per month

Contribution margin per unit:

= Selling price - Variable costs

= $100 per unit - $60 per​ unit

= $40

Total Contribution margin:

= Contribution margin per unit × No. of units sold

= $40 × 600 units

= $24,000

Contribution margin ratio:

= (Selling price - Variable costs) ÷ Selling price

= ($100 per unit - $60 per​ unit) ÷ $100 per unit

= 0.4 or 40 %

4 0
3 years ago
Other questions:
  • Large vertical drum struck from either side with a covered mallet
    5·1 answer
  • The department chair had allotted plenty of time for all department (and project) members to prepare sections of their five-year
    12·1 answer
  • Question a and b please answer me.
    10·1 answer
  • MBO works by objectives moving through the organization; that is, top managers set general organizational objectives, which are
    5·1 answer
  • BC Corporation has 2.8 million shares of stock outstanding. The stock currently sells for $50 per share. The firm’s debt is publ
    11·1 answer
  • The Federal Open Market Committee decides that it must increase the money supply by $50. Committee members tell you the reserve
    9·1 answer
  • Financial statement analysis: Multiple Choice is primarily used to identify account values that meet the normal standards. is li
    13·1 answer
  • Identify 3 advantage of sales promotion
    14·1 answer
  • Describe the nature of the following major categories of risk (1) Financial Risks (2) Political Risks (3) Environmental Risks​
    13·1 answer
  • e exportation of large quantities of a product at a price lower than that of the same product in the home mark
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!