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lara31 [8.8K]
3 years ago
9

If the wage rate paid per hour differs from the standard wage rate per hour for direct labor, the variance is a a.rate variance

b.variable variance c.quantity variance d.volume variance
Business
1 answer:
kotykmax [81]3 years ago
7 0

Answer:

a.rate variance

Explanation:

The labor rate variance arises when the rate is paid for the labor is different as compared with the standard rate

Also the variance could be favorable or unfavorable that based whether it is below the standard rate or higher standard rate as compared with the actual rate

hence, in the given situation, the correct answer is a. rate variance

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If you were putting together a SWOT analysis for your department’s latest production cycle, in which category would you list a c
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The right answer for the question that is being asked and shown above is that: "• threats." If you were putting together a SWOT analysis for your department’s latest production cycle, a competitor that offers <span>lower prices is a threat to you group.</span>
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4 years ago
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2. Choose any national or global chain with an online presence. Do a web search and spend time looking at their website. List th
Ne4ueva [31]

The correct answer to this open question is the following.

I choose the Amazon website to answer this question.

These are the strengths of this global company.

-First, it has a presence almost worldwide, due to the benefits of e-commerce.

-Reputation. It has a good reputation because serves the customer well.

-Infrastructure. World-class facilities and delivery infrastructure to get the product on time.

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-Prices. Accessible or competitive process because that is the advantage of e-commerce.

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3 0
3 years ago
"madeline wants to purchase a larger house. however, she has not yet sold her current home. she may want to include a(n) _______
m_a_m_a [10]

Contingency.

A contingency is a condition added to a contract that must be met before the deal can be finalized. In this case if the contingency is agreed to, she will make her offer on the new home contingent on the sale of her current home meaning she will not be forced to buy if the sale of her home doesn't go through.

3 0
4 years ago
Red Co. acquired 100% of Green, Inc. on January 1, 2017. On that date, Green had land with a book value of $42,000 and a fair va
Sergeeva-Olga [200]

Answer:

$5,000

Explanation:

The computation of total amount of excess fair over book value amortization expense adjustments to be recognized by red is shown below:-

Excess of fair value over book value =  Land fair value - Land book value

= $52,000 -$42,000

= -$10,000

Here land is not amortized

Excess of fair value over book value = Building fair value - Building book value

= $390,000 - $200,000

= $190,000

Excess fair value over book value amortization expense adjustments to be recognized by red = Excess of fair value over book value of building ÷ Number of Years

= $190,000 ÷ 10

= $19,000

Excess of fair value over book value = Equipment fair value - Equipment book value

= $280,000 - $350,000

= ($70,000)

Excess fair value over book value amortization expense adjustments to be recognized by red for equipment = Excess of fair value over book value of equipment ÷ Number of Years

= ($70,000) ÷ 5

= ($14,000)

Total amount of excess fair over book value amortization expense adjustments to be recognized by red

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7 0
3 years ago
On June 1, Parson Assoc. sold equipment to Arleo and agreed to accept a 3-month, $55,000, 10% interest-bearing note in payment a
goldfiish [28.3K]

Answer:

Parson would recognize an interest revenue of $1375

Explanation:

The quoted interest rate on bond is the annual rate of interest. The bond is for 3 months which means that the interest revenue will be recorded for the 3 months period from June to August and the bond will mature on 31 August.

The interest revenue to be be recorded on this note is,

Interest Revenue = 55000 * 0.1 * 3/12   =  $1375

The entry to record the receipt of interest and face value will be,

Cash                              56375

    Interest revenue               1375

    Bonds Receivable            55000

6 0
3 years ago
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