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Flauer [41]
3 years ago
5

Dibert Inc. has provided the following data concerning one of the products in its standard cost system.Inputs Standard Quantity

or Hours per Unit of Output Standard Price or RateDirect labor 0.70 hours $20.40 per hourThe company has reported the following actual results for the product for February:Actual output 5,100unitsActual direct labor-hours 3,380hoursActual direct labor cost $74,698 The labor rate variance for the month is closest to:a. $6,069 Ub. $6,069 Fc. $5,746 Ud. $5,746 F
Business
1 answer:
Soloha48 [4]3 years ago
5 0

Answer:

Option (C) is correct.

Explanation:

Actual output = 5100 units

Actual direct labor-hours = 3,380 hours

Actual direct labor cost = $74,698

The  labor rate variance:

= (Actual Hours × Actual rate ) - ( Actual Hours × Standard Rate)

= $74,698 - ( 3,380 Hours × $20.40 Per Hour)

= $74,698 - $68,952

= $5,746 U

Since, the Actual is more than the Standard, the Variance is Unfavorable

Hence, the correct answer is $ 5,746 U

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At Mattel, a marketing information system stores data on regional sales activities, promotional costs, and international invento
Sonja [21]

Answer:

It is false.

Explanation:

At Mattel, a marketing information system stores data on regional sales activities, promotional costs, and international inventory levels. These data are not examples of external sources but are internal sources.

Internal sources of market information are informations that are gotten from within the company such as regional sales activities, promotional costs, and international inventory.

However, the external sources of information are informations that are gotten outside of the company such as survey from customers, competitors etc.

5 0
3 years ago
Select the correct text in the passage.
Eddi Din [679]

Answer:

The phrase indicating the advantage of matrix organizational structure is "makes it possible to focus on the coordination and integration between units".

The matrix structure is the structure in an organization in which relationships are not set up as hierarchy as traditional but in the form of a grid, which means that each employee would have dual responsibility as a functional and product development. Thanks for this structure, it could be possible for the company to integrate the objectives of the whole business with each functional department's objectives and within the internal system.

8 0
3 years ago
On January 1, 2020, Swifty Corporation exchanged equipment for a $640000 zero-interest-bearing note due on January 1, 2023. The
kozerog [31]

Answer:

$61,071.36

Explanation:

According to the scenario, computation of the given data are as follows,

Value of note = $640,000

So, Carrying value of note on Jan 1, 2020 = $640,000 × 0.71

= $454,400

Prevailing interest rate = 12%

So, Interest for 2020 = $454,400 × 12% = $54,528  

Now, Interest revenue for 2021 = ($454,400 + $54,528) × 12%

= $508,928 × 12%

= $61,071.36

Hence, the amount of interest revenue that should be included in Swifty's 2021 income statement is $61,071.36

8 0
3 years ago
How do all the resources in a region help industries develop and grow?
erma4kov [3.2K]
All resources in a region can help industries develop and grow by leveraging all of these resources which can be considered as assets. With this, you will be able to deliver more opportunities and this can help the industries develop and grow. Hope this answers your question.
7 0
3 years ago
A summer camp that offers one-week programs faces the challenges of long queues as parents try to check in their children each S
jeka57 [31]

Answer:

(i) the average time parents wait decreases

(ii) the maximum time the parents wait decreases

(iii) the average number of parents waiting to check in their child decreases

<u>(i), (ii) and (iii) are all correct</u>

Explanation:

The guardians and students sit tight in the line for check-in procedure and afterwards they really check=in. Here, the guardians and youngster are the customer though the staff which is helping the guardians and students are the server. With restricted servers and numerous customers, the line length builds which implies there are more guardians in the line which results into increment in the hanging tight time for each parent and thus the normal holding up time. Further, with longer lines the greatest holding up time is additionally higher.  

In this way, by including more staff for check=in, the quantity of customers can be expanded to take into account a similar number of patients. The line gets partitioned into numerous servers which results into each of the 3 advantages.

6 0
3 years ago
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