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1 year ago

What is the direct labor efficiency/quantity variance for november? group of answer choices $1,800 $1,900 $2,000 $2,090 $2,200

Business

1 answer:

enot [183]1 year ago

5 0

The direct labor efficiency/quantity variance for November of $1,800.

The labor efficiency variance focuses on the number of labor hours used in production. It is defined as the difference between the actual number of direct labor hours worked and budgeted direct labor hours that should have been worked based on the standards.

Labor efficiency variance equals the number of direct labor hours you budget for a period minus the actual hours your employees worked, times the standard hourly labor rate.

For example, assume your small business budgets 410 labor hours for a month and that your employees work 400 actual labor hours.

Learn more about Labor efficiency here: brainly.com/question/15418098

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However, when the entire residence staff listened to our argument again, they became convinced that the system wasn't fair. howe

kykrilka [37]

There is a difference in the change of pronounce used. The best (and probably correct answer) is the first sentence: <span>However, when the entire residence staff listened to our argument again, they became convinced that the system wasn't fair. The pronounce 'they' refer to the collective term of 'entire residence staff'.</span>

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3 years ago

Baskets Inc. gathered the following actual results for the current month: Actual amounts: Units produced 6000 Direct material

ss7ja [257]

Answer:

price variance $(22,800.00) UNFAVORABLE

Explanation:

$(standard\:cost-actual\:cost) \times actual \: quantity= DM \: price \: variance$

std cost $6.00

actual cost $9.00

quantity 7,600

difference $(3.00)

price variance $(22,800.00)

We calculate the actual cost by dividing total cost by the lbs purchased:

68,400/7,600 = 9

Because the diference is negative, the variance is unfavorable.

Each pound cost more than it was planned.

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3 years ago

Suppose that a firm has a price-earnings ratio which is higher than a value deemed to be normal. Investors tend to infer from th

Dmitrij [34]

Answer:

Explanation:

Price Earnings Ratio is a measure of market price of stock in relation to it's earnings. It shows how well a company's stock is valued in the market.

Price Earnings Ratio = $\frac{Market\ Price\ Per\ Share}{Earnings\ Per\ Share}$

A high price earnings ratio would lead investors to believe that the firm's stock prices are higher than it's earnings which means the stock prices are overvalued.

This further means, the market price of those stocks is greater than their fair value and it would be beneficial to investors to sell such stocks as it would result into a gain.

Thus, a higher price earnings ratio will lead investors to infer that the firm's stock is overvalued and one should consider selling the stock.

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3 years ago

If your credit reports show different scores, what should you do?

agasfer [191]

Contact your teacher

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3 years ago

Read 2 more answers

Cnooc, a Chinese public-sector company, has made a bid to purchase Canada’s Nexen, a big oil company, for C$ 15.1 billion in Jun

Phoenix [80]

Answer:

351,830,000 Yuan

Explanation:

Investment value = C$ 15.1 billion

Value in Yuan in June 2012 = C$ 15.1 billion x 6.3698 Yuan/C$

Value in Yuan in September 2012 = C$ 15.1 billion x 6.3465 Yuan/C$

The difference in Yuan if Cnooc has purchased Nexen in September instead of June is:

$D= 15,100,000,000*(6.3698 - 6.3465)\\D= 351,830,000 \ Yuan$

Cnocc saves 351,830,000 Yuan

3 0

3 years ago