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enyata [817]
3 years ago
11

The standard rate of pay is $20 per direct labor hour. If the actual direct labor payroll was $117,600 for 6,000 direct labor ho

urs worked, the direct labor price (rate) variance is:
Business
1 answer:
White raven [17]3 years ago
5 0

Answer:

The variance is: $ 0.50 per direct labor hour.

Explanation:

Actual payroll = $117,000/6000h = $19.50 per hour

So, if we compare this value with the standard rate of pay ($20 per direct labor hour) The variance is: $20.00 - $ 19.50 = $0.50 per hour

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true or false? if a currency is experiencing relatively high inflation, then its buying power is decreasing and international in
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True, When a currency is experiencing high inflation, then it’s buying power is decreasing, and investors like me will not want to hold it.
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1 year ago
Kostelnik Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours
Rainbow [258]

Answer:

The correct answer is C: $944

Explanation:

Giving the following information:

Single plantwide predetermined overhead rate based on machine-hours. Total fixed manufacturing overhead cost of $237,000, variable manufacturing overhead of $3.90 per machine-hour, and 30,000 machine-hours.

First, we need to determine the manufacturing overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base= (237000/30000)+3.9= $11.8 per machine hour.

Now, we can calculate the allocated overhead:

allocated overhead= Estimated manufacturing overhead rate* actual amount of allocation base= 11.8*80= $944

6 0
3 years ago
An investment offers $6,700 per year for 15 years, with the first payment occurring one year from now. a. If the required return
maksim [4K]

Answer:

a.$65,072.07

b.$100,810.19

c.$110,254.18

d.$111,666.67

Explanation:

a. The value of investment today if payment per year of $6,700 is made for 15 years is given as follows:

Present value today=R[(1-(1+i)^-n)/i]

Where

R=payment to made yearly=$6,700

i=interest per annum=6%

n=number of payments=15

Present value today=6,700[(1-(1+6%)^-15)/6%]=$65,072.07

b. The value of investment today if payment per year of $6,700 is made for  40 years is given as follows:

Present value today=6,700[(1-(1+6%)^-40)/6%]=$100,810.19

c. The value of investment today if payment per year of $6,700 is made for 75 year is given as follows:

Present value today=6,700[(1-(1+6%)^-75)/6%]=$110,254.18

d. The value of investment today if payment per year of $6,700 occurred forever

Present value today=P/i=6,700/6%=$111,666.67

where P=6,700, i=6%

8 0
3 years ago
2. A book by Henry Goldman and Elizabeth Howard called Ancient Civilizations. It was published in Philadelphia by Gold House in
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Answer:

The question is incomplete because it didn't tell us what action to carry out. However, kindly find the complete question below:

Question:

Using the information from the narrative, create the appropriate MLA citation as if it were going on a  Works Cited page.

Answer / Explanation:

First we need to understand what MLA means: This is simply the abbreviation for modern language association. It refers to a unique style of writing recommended by Modern Language Association (MLA) for preparing research, project paper and manuscripts. This method of writing details issues like quotations, punctuation's especially the documentation of references.

Now referring back to the question asked, the answer goes thus:

Godman, Henry, and Elizabeth Howard. Ancient Civilizations. Philadelphia: Gold.

House, 1989. Print.

6 0
3 years ago
Keisha Tombert, the bookkeeper for Washington Consulting, a political consulting firm, has recently completed a managerial accou
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Answer:

The relevant costs to go into this schedule of cost of contract services performed will be those that are directly related to contract work.

Administrative costs are not to be included in the schedule but will instead go to the Income statement.

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