1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
irakobra [83]
3 years ago
8

The following labor standards have been established for a particular product: Standard labor-hours per unit of output 10 hours S

tandard labor rate $ 13.80 per hour The following data pertain to operations concerning the product for the last month: Actual hours worked 7,800 hours Actual total labor cost $ 104,520 Actual output 1,050 units What is the labor efficiency variance for the month?
Business
1 answer:
Anna11 [10]3 years ago
7 0

Actual Hours = 3,800 Hours

Standard Hours = 500 × 8.7

= 4,350 Hours

Standard Rate = $18.10

Labor Efficiency Variance = (Actual hours – Standard hours) × Standard rate

= (3,800 – 4,350) × $18.10

= $9,955 Favorable

You might be interested in
"Because apples and oranges are substitutes, an increase in the price of or¬anges will cause the demand for apples to increase.
irinina [24]

Answer:

The correct answer is option a.

Explanation:

Apples and oranges are substitutes. An increase in the price of oranges will cause the demand for apples to increase. This is because people will prefer a cheaper substitute. This increase in the demand for apples will cause its demand curve to shift to the right.

The rightward shift in the demand curve will cause the equilibrium price to increase. But this change in price will not cause a change in demand. The change in price affects only the quantity demanded. Change in demand happens because of a change in other factors.

So, the given statement is not correct.

7 0
3 years ago
Advice Florence and her team on how they can convince the staff using john kotter's theory to lead change
shtirl [24]

John Kotter’s theory for leading can help business staffs to improve their performance especially in completing assignments and improving teamwork.  His theory centers on eight steps:

1.       Creating urgency to spur change.

2.       Forming a powerful coalition from people of diverse talents.

3.       Make a vision of change that would inspire and rally your group.

4.       Communicate that vision so that all of you understand what needs to be done.

5.       Remove obstacles that would impede your goals.

6.       Create short-term wins that would help in the short run but will contribute in the long run.

7.       Build on change while the momentum is there.

8.       Anchor that change as a model for others to follow.

4 0
3 years ago
World Company expects to operate at 80% of its productive capacity of 50,000 units per month. At this planned level, the company
slega [8]

Answer:

Following are the solution to this question:

Explanation:

Please find the complete question in the attachment file.

                              Applied to fixed overhead

Overhead fixed by DL hr.         =\frac{50000}{25000}\ \ \ \ \ \ \ \ \ \ \ =2

DL hours standard   =35000 \times \frac{25000}{50000 \times 80\%}  \ \ \ \ \ \ \ \ \ \ \ \ =21875

Application of fixed overhead = 21875 \times 2.0 \ \ \ \ \ \ \ \ \ \ = 43750

                                 Variance in volume

Application of total fixed overhead  = \$43,750

Fixed total estimates Superfast  =\$50,000  

Variance of volume  = \$6,250

5 0
2 years ago
Integrated marketing communications involves carefully coordinating a company's many communications channels to deliver a clear,
olga nikolaevna [1]

Answer:

True

Explanation:

The above statement is true as integrating marketing communication is a system that helps businesses to coordinate effectively within the organisations. Integrated marketing communication consists of various communication channels that assist to deliver a message in the most effective way possible. It also helps to form compelling messages for customers.

7 0
3 years ago
n a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so (very price sensitive). W
ehidna [41]

Answer:

In the long run, the market will supply any amount of the good at the price where P = min. ATC.

Explanation:

Both supply and demand are more elastic in the long run than the short run, which corresponds to a leveling out of the supply and demand curves.

3 0
2 years ago
Other questions:
  • Porter co. is analyzing two projects for the future. assume that only one project can be selected. project x project y cost of m
    5·2 answers
  • Water that can be reused without purification for watering your yard and can help reduce overall water usage is called _________
    6·1 answer
  • Which philosopher was a proponent of the phrase "honesty is the best policy"?
    8·1 answer
  • The National Security Agency gathers and analyzes meta-data such as numbers, e-mail addresses and locations from cell phones and
    13·1 answer
  • Awesome Sweets sells different kinds of cookies, candies, and other sweets. Awesome Sweets has a return on assets (ROA) of 6.9%
    6·1 answer
  • During the period, labor costs incurred on account amounted to $175,000, including $150,000 for production orders and $25,000 fo
    7·1 answer
  • Milton Friedman argues that __________.
    13·1 answer
  • The usual stated political goal of rent control isGroup of answer choicesto conduct social engineering via economic rules.prices
    12·1 answer
  • Samantha is part of a project management team working on the initiation phase of a project. What is her team expected to do in t
    12·1 answer
  • True or false: Controlling involves developing goals and preparing various budgets to achieve those goals.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!