Answer:
Actual Quantity= 151.57
Actual Rate= $3.17
Explanation:
Giving the following information:
Standard Hours 2.50
Standard Rate $35.00
Standard Cost $87.50
Number of tune-ups= 60
Labor rate variance $ 50 F
Labor spending variance $ 55 U
<u>First, we need to calculate the actual number of hours. We need to use the direct labor efficiency variance:</u>
<u></u>
Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate
-55 = (60*2.5 - Actual Quantity)*35
-55 = 5,250 - 35Actual Quantity
35Actual Quantity = 5,305
Actual Quantity= 151.57
<u>Now, the actual hourly rate. We need to use the direct labor rate variance formula:</u>
Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity
50 = (3.5 - Actual Rate)*151.57
50= 530.5 - 151.57Actual Rate
151.57Actual Rate= 480.5
Actual Rate= $3.17
<span>If Larry sues the original hotel for damages and wins, that hotel will be obliged to cover for any extra costs Larry had because they did not provide him a room he booked plus any costs incurred during the court proceeding.</span>
Please see the complete question below.
Agnessa let the management of Acme Global know that she will retire next year. Agnessa job requires specialized skills. Rather than advertise the job, management has the human resource management department look through its files for people in the organization who have the needed skills. This recruitment method is known as ______.
A. open recruitment
B. employee referrals
C. closed recruitment
D. targeted recruitment
Answer:
The answer is closed recruitment (option C)
Explanation:
Closed Recruitment can be defined as the type of recruitment that takes place 'in house'. In other words, there is no need for an external advertisement of vacancy because candidates needed to fill in vacant job roles or positions of a firm are selected from the existing pool of employees in the firm. Firms carry out closed recruitment by looking into the files of people who have the skills needed to occupy the vacant role and selecting/appointing who is best fitted for the role.
<span>When you invest you have a greater chance of losing your money than when you save.</span>
Answer:
The cattle industry began in the far west and furnished the great plain areas with livestock. The cattle industry progressively lost its relevance because of the excessive westward expansion, resulting in competition for the industry. There was too much cattle, but not enough food and land to sustain such great populations of livestock.
