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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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What is true about office friendships
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The truth about office friendships is:

Workplace cliques can cause horizontal disharmony.

Clique is a small group of people who share common interests and usually spend time together and do not readily allow others to join them.

Workplace cliques can cause horizontal disharmony because they are purposefully alienating others. People within a clique uses said clique to be their comfort zone. Thus, they do not extend effort to meet and cultivate new friendships nor exert effort to do better at work. Sometimes, they tend to pass up promotions or better benefits so that they will stay within their cliques and not deal with insecurities or feel vulnerable in facing situations that they are not comfortable with.
7 0
3 years ago
As of 2014, $600 billion, triple that of a decade before, was sent by migrants to relatives in their country of origin, which is
Nikolay [14]
This would be an example of a remittance. Remittances are just transfers of money from someone who is a foreign worker in a country to someone in their home land. The money that is sent home is competitive with international aid as one of the top financial inflows in developing countries.
7 0
3 years ago
DW has an ending Retained Earnings balance of $51,100. If during the year DW paid dividends of $4,300 and had net income of $22,
ANEK [815]

Answer:

C. $32,900

Explanation:

The computation of the beginning retained earning balance is shown below"

As we know that

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

$51,100 = Beginning retained earning balance + $22,500 - $4,300

$51,100 = Beginning retained earning balance + $18,200

So, the beginning retained earning balance would be

= $51,100 - $18,200

= $32,900

8 0
3 years ago
What factors or events can affect your forecast
riadik2000 [5.3K]

Answer:

Consumer Sentiment.

Disposable Income.

Residential Real Estate Market.

Oil / Gas Prices.

Labor Market and Wages.

Weather Data.

The Strength of the Dollar.

Raw Material Costs.

Explanation:

7 0
3 years ago
A portfolio manager has maintained an actively managed portfolio with a beta of 0.2. During the last year the risk-free rate was
trapecia [35]

Answer: See explanation

Explanation:

The formula to use here will be:

required rate = risk free rate + beta × (market return - risk free rate).

where,

risk free rate = 5%

beta =0.20.

market return = -30%.

Therefore,

required return = 5% + 0.20 × (-30% + -5%)

= 5% + 0.2(-35%)

= 5% - 7%

= -2%

Therefore, the return on portfolio should have been -2% but the portfolio manager produced a return of −10%

Since -10% is lower than -2%, we can deduce that the claim of the manager is wrong.

5 0
3 years ago
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