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melomori [17]
3 years ago
3

XYZ Manufacturing uses a standard cost system with overhead applied based on direct-labor hours. The manufacturing budget for th

e production of 5,000 units for the month of June included 10,000 hours of direct labor at $20 per hour, or $200,000. During June, 4,500 units were produced, using 9,600 direct-labor hours, incurring $43,400 of variable overhead, and showing a variable overhead efficiency variance of $3,600 unfavorable. The standard variable overhead rate per direct-labor hour was: 1. $5.85 2. $6.00 3. $6.20 4. $0
Business
1 answer:
8_murik_8 [283]3 years ago
5 0

Answer:

2. $6.00

Explanation:

The formula to compute the variable overhead efficiency variance is shown below:

Variable overhead efficiency variance = (standard direct labor hours - Actual direct labor hours ) × variable overhead rate per hour

-$3,600 = (9,000 hours - 9,600 hours) × variable overhead rate per hour

-$3,600 = - 600 hours × variable overhead rate per hour

So, the variable overhead rate per hour  would be

= $3,600 ÷ 600 hours

= $6 per hour

The standard direct labor hours would be

= 10,000 hours ÷ 5,000 units × 4,500 units

= 2 hours × 4,500 units

= 9,000 hours

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Bezzdna [24]

Answer:

b. The competitive pressures associated with rivalry among competing sellers in the industry for buyer patronage.

Explanation:

The Porter’s five forces of competition is a framework developed by Michael E. Porter in 1979, it is used to measure and analyze an organization's competitiveness in a business environment.

The Porter's five forces of competition framework are:

1. The bargaining power of suppliers.

2. The bargaining power of customers.

3. Threat posed by substitute products.

4. Threats posed by new entrants.

5. Threats posed by existing rivals in the industry.

The most powerful of the five competitive forces is usually the competitive pressures associated with rivalry among competing sellers in the industry for buyer patronage. When the amount of competitors (sellers), as well as the quantity of goods and services they provide are large, the lesser their competitive strengths or advantage in the market because the customers have a large pool of finished goods and services to choose from and vice-versa.

3 0
3 years ago
What is a service technology? Are different types of service technologies likely to be associated with different structures? Exp
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Explanation:

it refers to the use of services for software development, where a service is an autonomous, platform agonstic software component that operate within an ecosystem of services

7 0
3 years ago
Kiley Electronics is considering a project that has the following cash flow data. What is the project's IRR? Note that a project
lisov135 [29]

Answer:

d. 13.31%

Explanation:

IRR is the rate at which NPV = 0    

IRR 13.31%    

Year                                      0            1              2                3

Cash flow stream               -1100.000    450.000   470.000    490.000

Discounting factor                    1.000       1.133        1.284         1.455

Discounted cash flows project  -1100.000 397.136 366.060 336.804

NPV = Sum of discounted cash flows    

NPV Project = 0.000    

Where    

Discounting factor = (1 + discount rate)^(Corresponding period in years)  

Discounted Cashflow = Cash flow stream/discounting factor  

IRR  = 13.31%

Therefore, The project's IRR is 13.31%

5 0
3 years ago
Erica and Brett decide to form their new motorcycle business as an LLC. Each will receive an equal profits (loss) interest by co
yKpoI14uk [10]

Answer:

Brett's outside tax basis in his LLC interest = $48,000

Explanation:

As per the data given in the question,

Cash = $6,000

Adjusted basis of building = $32,000

Debt of building = -$37,000

50% profit sharing ratio × $52,000 = $26,000

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= $5,000

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Brett's outside tax basis in his LLC interest = $48,000

6 0
4 years ago
In Ohio, what is the typical salary for a cost estimator who is in the top 10%?
max2010maxim [7]

Answer:

The  typical salary for a cost estimator who is in the top 10% is $117,272

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The salary of cost estimator in Ohio ranges between $54418 to $117,272.

$117,272 lies in the top 10% while the bottom 10% get $54418

On an average, the salary of cost estimator falls between $66,800 and $99,700

3 0
3 years ago
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