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tatiyna
3 years ago
7

Elliott Corporation makes and sells a single product. Last period the company's labor rate variance was $14,400 U. During the pe

riod, the company worked 36,000 actual direct labor-hours at an actual cost of $338,400. The standard labor rate for the product in dollars per hour is:
Business
2 answers:
Art [367]3 years ago
6 0

Answer:

B. $9

Explanation:

Based on the scenario being described within the question it can be said that the  standard labor rate for the product in dollars per hour is that of $9. This can be calculated using by subtracting the labor rate variance from the actual cost, and then dividing that amount by the actual-direct labor hours as so...

$338,400 - 14,400 = 324,000

AH X SR = 324,000/36,000 = $9

Making the total dollars per hour $9

N76 [4]3 years ago
3 0

Answer:

$9.00

Explanation:

Actual rate is calculated as

Direct labour cost ÷ Direct labour hours

= $338,400 ÷ 36,000 = $9.40

rate of labour variance = Actual hours × (Actual rate − Standard rate) $14,400 = 36,000 × ($9.40 − Standard rate) Standard rate = $9.00

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The order of the attributes in RFM conforms to the order of their importance in ranking customers. Recency is the most important factor. Recency alone won’t sort out your good customers from your new ones. You need frequency for that. Frequency measures the intensity of a customer’s relationship with your business. How much a customer spends on average or in total is the final measure of his or her monetary value.

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In a republic, elected officials create
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They make laws to regulate the economy. Hope this helps :)
6 0
3 years ago
Read 2 more answers
The law of supply and demand asserts that
Anna35 [415]

Answer:

b. the price of a good will eventually rise in response to an excess demand for that good.

Explanation:

As more people are willing to purchase the good the price will rise. Because, the supplier can offer up to certain amount given their current production factors thus, this increase in demand is met with an increase of price. In the future this increase in price which generates more producer surplus will make more company’s invest in the business or the current ones will develop new ways of production to produce more and therefore; lowering the price.

6 0
3 years ago
Scampini Technologies is expected to generate $25 million in free cash flow next year, and FCF is expected to grow at a constant
Feliz [49]

Answer:

The stock’s value per share is $10.42

Explanation:

For:    

FCF1 = Expected cash flow of the firm

        = $25 million  

WACC = 10%    

g = 4%    

Firm value = FCF1/(WACC - g)    

                  = 25,000,000/(0.10 - 0.04)    

                  = $416,666,666.67    

We know that there is no debt & preferred stock, so the firm value will be equal to Equity value :

Firm value = Equity value

                 = $416,666,666.67

stock value per share = Equity Value/No. of share outstanding

                                     = $416,666,666.67/40,000,000

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Therefore, The stock’s value per share is $10.42

7 0
3 years ago
Teresa, the owner of Plant Fantasies, communicates the landscape design requirements to her employees in the flower department m
natulia [17]

Answer:

The answer is downward communication (Option B)

Explanation:

Downward communication is said to have taken place when information is relayed from superiors to subordinates. In other words, it is the kind of information that flows from people at the top of an organization structure (superior) to those at the bottom (subordinates).  

Teresa (in the question) belongs to the top of her business or company (Plant Fantasies). She carried out downward communication by informing her employees (subordinates) in the flower department about landscape design requirements.

Downward communication could be oral or written. The oral takes the form of meetings, speeches and telephonic conversations e.t.c. On the other hand, the written takes the form of electronic displays, manuals, handbook, manuals, notices e.t.c.

7 0
3 years ago
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