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zubka84 [21]
3 years ago
6

Anemone Company produces picture frames. During the year, 200,000 picture frames were produced. Materials and labor standards fo

r producing the picture frames are as follows: Direct materials (2 pieces of wood @ $3) $6.00 Direct labor (2 hours @ $12) $24.00 Anemone purchased and used 600,000 pieces of wood at $4.00 each, and its actual labor hours were 320,000 hours at a wage rate of $13. What is Anemone's labor rate variance? a.$660,500 F b.$450,000 F c.$320,000 U d.$445,000 U
Business
1 answer:
Vsevolod [243]3 years ago
7 0

Answer:

Labour rate variance

= (Standard rate - Actual rate) x Actual hours worked

= ($12 - $13) x 320,000 hours

= $320,000(U)

The correct answer is C

Explanation:

Labour rate variance is the difference between standard labour rate and actual labour rate multiplied by actual labour hours worked.

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9. You decide to run a landing page experiment to test a new carousel which highlights your top performing products. Which two r
tatiyna

Answer:

Product Performance and Ecommerce Overview

Explanation:

These are the options to the question;

Shopping Behavior Analysis

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Whenever you decide to run a landing page experiment, to test a new carousel which highlights your top performing products, the two reports that could be use to determine which

Products to highlight are Product Performance and Ecommerce Overview.

Product performance is essential to test a new carousel which highlights your top performing products so that the functionality part of the product can be known.

E-commerce overview is crucial to test a new carousel which highlights your top performing product because e-commerce gives the insight to buying and selling of the products.

5 0
3 years ago
Difference between assets and liabilities.
Alinara [238K]

Answer:

see below

Explanation:

Assets are the things a person or a company owns. They are items precious to a business or an individual. Assets are things that can be assigned a monetary value. They are in the form of cash, properties, money market securities, machinery, plants and equipment, intellectual property rights, and many others.

Liabilities are money a  business or person owes others. They are loans, debts, and obligations that need to be paid. Common liabilities include bank loans, unpaid utilities, and creditors such as suppliers.

8 0
3 years ago
The FIFO method provides a major advantage over the weighted-average method in that: A. the calculation of equivalent units is l
Scrat [10]

Answer:

C. the FIFO method separates the work done during the current period to provide measurements of work done during the current period.

Explanation:

When you are calculating production costs and equivalent units, FIFO method only focuses on the goods produced during the accounting period and basically doesn't consider previous costs associated to beginning inventory. On the other hand, the weighted average method includes both current costs and costs associated to beginning WIP.

3 0
3 years ago
the cost object(s) of the activity-based costing method is(are): Multiple Choice The unit of product. The production departments
Agata [3.3K]

Answer: d. The production activities in the first stage and the unit of product in the second stage

Explanation:

Activity based Costing is primarily a method of assigning indirect costs like administrative expenses to the goods and services manufactured by a company by basing it on the activities of the company.

With Activity Based Costing, the company aims to figure out how much these aforementioned activities cost first and then calculating the cost per unit in the second stage by assigning cost per level of activity.

7 0
3 years ago
Suppose the government misjudges the natural rate of unemployment to be much lower than it actually is, and thus undertakes expa
vredina [299]

Answer:

2. in the short run, as aggregate demand increases, unemployment is reduced.

Explanation:

The government misjudging the natural rate of unemployment to be much lower than it actually is, and thus undertaking expansionary fiscal and monetary policies to try to achieve the lower rate. These policies might at first succeed because in the short run, as aggregate demand increases, unemployment is reduced due to the expansionary policies.

5 0
4 years ago
Read 2 more answers
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