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Damm [24]
4 years ago
8

At Jacobson Company, indirect labor is a variable cost that varies with direct labor-hours. Last month’s performance report show

ed that actual indirect labor cost totaled $5,780 for the month and that the associated spending variance was $245 Favorable. If 24,100 direct labor-hours were actually worked last month, then the flexible budget cost formula for indirect labor must be (per direct labor-hour):
Business
1 answer:
mezya [45]4 years ago
6 0

Answer:

Flexible budget cost formula for indirect labor is  $0.25 per DL hours

Explanation:

Flexible budget cost for indirect labor = Actual indirect labor cost + Associated spending variance

= $5,780 + $245

= $6,025

Flexible budget cost formula for indirect labor= Flexible budget cost for indirect labor / Direct labor-hours

= $6,025 / 24,100 DL hours

= $0.25 per DL hours

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The ‘SMART’ technique a tool for effective goal setting. The acronym SMART stands for Specific, Measurable, Attainable, Realistic, and Time-bound, all of which are requisites for goals. The goal “to sell a combination of six refrigerators, stoves or dishwashers to earn a bonus” is specific, measurable, attainable and realistic because Michelle has done this before. Yet the goal is not time-bound. The length of time it is required to meet is not specified in the goal. 
7 0
3 years ago
Read 2 more answers
Steve introduces in-house technical training programs for employees, as well as a provision to reimburse the tuition fees for em
Feliz [49]

Answer:

B. High performances work practice

Explanation:

High performance work practices are actions that tend to improve an organization's or a company's effectiveness and efficiency. They are practices structured to promote employees knowledge, improve commitment and motivate them. It involves investing in human power aimed at developing necessary skills, knowledge, techniques, and so on. In this scenario, Steve is trying to motivate and retain members of his organization by carry out high performance work practices like inhouse technical training and reimbursing tuition fees for employees who take relevant college courses.

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3 years ago
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The Supply/Demand equilibrium price is __________ with an equilibrium quantity of _________. PRICE Column 1 Quantity Column 2 Qu
ArbitrLikvidat [17]

Answer:

a) price of $7 and quantity of 50 units

Explanation:

According to what I'm understanding of the table you got the following:

\left[\begin{array}{ccc}Price&Supply&Demand\\5&11&36\\6&36&68\\7&50&50\\7&73&37\\...&....&...\end{array}\right]

The equilibrium will be when both forces meet in this case, it is clear that it is happening at a price equal to $7 which generates a supply of 50 units and a demand for 50 units. Both have the same value so it is equilibrium

3 0
3 years ago
Futura Inc. introduced an automobile that could run completely on electricity for longer periods of time than any other electron
Juli2301 [7.4K]

Answer:

Disruptive innovation.

Explanation:

Disruptive innovation is one that creates the way a market operates, that is it creates a new market and disrupts the old one. Existing firms and products are displaced.

In this instance when Futura Inc. introduced an automobile that could run completely on electricity for longer periods of time than any other electronic or hybrid automobile, it introduced a product that will cause disruptions in the current automobile industry.

Although there was challenges of frequent repairs, this was eventually resolved.

8 0
4 years ago
On November 1, 2021, Sandhill Co. places a new asset into service. The cost of the asset is $84000 with an estimated 10-year lif
Aneli [31]

Answer:

$7,200

Explanation:

According to the scenario, computation of the given data are as follows,

Total cost = $84,000

Salvage value = $12,000

Estimated life = 10 years

So, we can calculate depreciation expense by using following formula,

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= ($84,000 - $12,000) ÷ 10

= $72,000 ÷ 10

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7 0
3 years ago
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