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Bezzdna [24]
3 years ago
13

EA8. LO 8.3Queen Industries uses a standard costing system in the manufacturing of its single product. It requires 2 hours of la

bor to produce 1 unit of final product. In February, Queen Industries produced 12,000 units. The standard cost for labor allowed for the output was $90,000, and there was an unfavorable direct labor time variance of $5,520. What was the standard cost per hour
Business
1 answer:
kondaur [170]3 years ago
7 0

Answer:

Standard cost per hour= $3.75 per hour

Explanation:

Giving the following information:

It requires 2 hours of labor to produce 1 unit of final product. In February, Queen Industries produced 12,000 units. The standard cost for labor allowed for the output was $90,000.

We need to determine the standard cost per hour.

Number of hours= 12,000*24,000

Standard cost per hour= 90,000/24,000= $3.75 per hour

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A firm using a _____ strategy tries to balance the desire for efficiency with the need to adjust to local preferences within var
Svetradugi [14.3K]

Answer: (D) Transnational    

Explanation:

 The transnational strategy is one of the type of global business strategy in which the various types of products and the services are get promoted globally and this type of strategy basically using the personalized approach for promoting the brands and the products in the market by targeting the consumers or audience.

 The main advantage of the transnational strategy is to providing the various types of simultaneous function in the multiple countries.  

According to the given question, the company using a transnational strategy for the purpose of balancing the efficiency to adjust the local preferences in the various types of other countries.          

 Therefore, Option (D) is correct answer.

4 0
2 years ago
Your bank account pays an interest rate of 8 percent. You are considering buying a share of stock in XYZ Corporation for $110. A
erica [24]

Your bank account pays an interest rate of 8 percent. You are considering buying a share of stock in XYZ Corporation for $110. After 1, 2, and 3 years, it will pay a dividend of $5. You expect to sell the stock after 3 years for $120. Is XYZ a good investment-This statement is False

Explanation:

Your bank account pays an interest rate of 8 percent. You are considering buying a share of stock in XYZ Corporation for $110. After 1, 2, and 3 years, it will pay a dividend of $5. You expect to sell the stock after 3 years for $120. Is XYZ a good investment

The above statement is false, since it is a bad investment because after figuring out the stock's value you get $108.15, which is less than what you initially paid for it.

4 0
3 years ago
Juarez Builders incurred $285,000 of labor costs for construction jobs completed during the month of August, of which $212,000 w
VikaD [51]

Answer:

                                                             Dr.            Cr.  

Work in progess                              139,000

Salaries and wages payable account                139,000

Explanation:

Direct Labor are charges to work in progress account and a payble is created as a result.

Total Labor cost = $212,000

Indirect cost = $73,000

Direct labor cost = $212,000 - 73,000

Direct labor cost = $139,000

3 0
2 years ago
Read 2 more answers
You work for an auto manufacturer and distributor. How could you use information systems to
lawyer [7]
  • We can create a website wherein customers may adapt autos or talk using support personnel as well as other car owners.
  • Users may establish an automated e-mail service to remind automobile owners to check their cars often.
  • It could include a system of information that monitors local client preferences so that vehicles that represent the requirements and wishes of local customers are provided.
  • It can be a company that invests in data techniques that allow it to manufacture new products or effectiveness inside its distribution network, thereby making it a low-cost producer.
  • Data system to improve communication with suppliers and optimize the supply chain for operational excellence.
  • It could assist managers in communicating more effectively with workers, enable item technical development, eliminate cost warehousing or simplify delivery.

Learn more:

brainly.com/question/7283854

4 0
3 years ago
Match each type of employment with its definition (2 points)
Rainbow [258]

Each type of employment has been matched with its definition thus:

  • Frictional unemployment: Unemployment associated with workers who are  between jobs
  • Cyclical unemployment: Unemployment resulting from mismatches between  employer needs and employee skills.
  • Structural unemployment: Unemployment associated with the highs and lows of  the business cycle.

There are different causes of employment. Frictional unemployment is the timeframe between the period an individual lost his job and seeks another.

Structural unemployment is a result of inconsistencies in the labor market.

Cyclical unemployment occurs when the demand from the employee is not met with the skills of the employer.

Learn more about unemployment here:

brainly.com/question/305041

4 0
2 years ago
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