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STatiana [176]
1 year 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]1 year 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

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Following are transactions for Valdez Services, a company owned by Brina Valdez. A. Brina Valdez invested $20,000 cash in the co
Sphinxa [80]

Answer:

Transactions that create revenue :

Transaction B

Transaction C

Transaction D

Journal Entries :

<u><em>Transaction B</em></u>

Cash $900 (debit)

Sales Revenue $900 (credit)

<u><em>Transaction C</em></u>

Cash $10,000 (debit)

Unearned Revenue $10,000 (credit)

<u><em>Transaction D</em></u>

Cash  $3,500 (debit)

Accounts Receivable  $3,500 (credit)

Explanation:

Transactions that create revenue

Hint ; Revenue is the increases in income that results in increases in assets and decreases in liabilities

3 0
3 years ago
Carmen is a member of a student taskforce that was asked to recommend solutions to the university's budget problem. when she not
9966 [12]

Answer: democratic leadership

Carmen stated a possible solution that was increasing tuition fee and then Carmen said that it should be considered. This means that she did not impose it that that is the only solution and that has to be done in any way, if she did then it would’ve been autocratic leadership.

Carmen left some room for discussion and this means it is a democratic approach in leadership.  


8 0
3 years ago
You own 10,000 shares of Microsoft stock. A good way to hedge the risk involved in owning this stock would be to buy some call o
natka813 [3]

Answer: False

Explanation:

If you want to hedge the risk of owning the stock then that would mean that you want to take measures to ensure that you don't lose out if prices fall.

A call option is not the way to do this because call options are bought with the expectations that prices will go up. If you buy call options then and the prices fall, you would make a loss on both the call options and the stock that you own.

A good way to hedge this would be to take Put options on the stock. Put options help you benefit if prices fall because you would be allowed to sell at a certain price unaffected by the fall in prices.

7 0
3 years ago
Olive Corporation has two divisions, Pressing and Extracting. The company's primary product is Lavender Oil. Each division's cos
Alex777 [14]

Answer:

$15,000

Explanation:

Operating income is the difference between the net sales or revenue generated by a business and the operating expenses of the business.

The operating expenses of the business may be classified into 2 groups namely the fixed and variable costs.

The total operating cost of the business

= ( $9 + $6 + $28 + $32) per barrel

= $75

operating income of both divisions

= 200 ( $150 - $75)

= 200 * $75

= $15,000

5 0
3 years ago
TIMED QUIZ PLS HELP!!! 10 POINTS
madam [21]

Answer:

$3,750

Explanation:

4 0
2 years ago
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