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vivado [14]
3 years ago
6

Banner Systems is a​ start-up company that makes connectors for​ high-speed Internet connections. Banner has budgeted three hour

s of direct labor per​ connector, at a standard cost of $ 13 per hour. During​ August, technicians actually worked 190 hours completing 78 connectors. All 78 connectors actually produced were sold. Banner paid the technicians $ 13.80 per hour. What is Banner's direct labor efficiency variance for​ August?
Business
1 answer:
egoroff_w [7]3 years ago
6 0

Answer:

572 Favorable

Explanation:

Direct Labour efficiency Variance:

= (Standard Labour Hour - Actual Labour Hour) × Standard Rate

= [(78 connectors × 3 hours of direct labor per​ connector) - (190 hours)] × $13 per hour

= [234 hours of direct labor - 190 hours] × $13 per hour

= 44 hours × $13 per hour

= $572 Favorable

Therefore, Banner's direct labor efficiency variance for​ August is $572 Favorable.

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7 0
3 years ago
A rich relative has bequeathed you a growing perpetuity. the first payment will occur in a year and will be $ 3 comma 000$3,000.
MAVERICK [17]
A. For knowing today's value of the bequest we need to know the period of time.
When the first payment occure and how many payments were made. 
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8 0
4 years ago
On December 1 of Year 1, Jones, a self-employed cash basis taxpayer, took out a loan to use in her business. The loan principal
Phoenix [80]

Answer: $6,000

Explanation:

When expenses such as this interest expense are for 12 months or more, the deduction will need to be evenly spread over the period that they apply to. As the loan was to be repaid in 24 months, the interest payment deductions should be evenly spread over 24 months.

= 12,000/24

= $500

That means that for Year 2, the relevant deduction will be for the 12 months in it;

= 500 * 12

= $6,000

4 0
4 years ago
Cara and jason have a sexual relationship but have agreed that they will not be monogamous. neither wants to have a child right
Crank
The best contraceptive for them to use is condom.
The use of condom will protect them to some extent from all types of sexually transmitted diseases and the method does not have any side effect. The only disadvantage that is attached to it is that, the condom may break if not properly inserted or if it has expired.
8 0
3 years ago
Gia Company has the following information​ available: Cash pledged as collateral $ 2 comma 000 comma 000 U.S. Treasury bill due
erma4kov [3.2K]

Answer:

$4,400,000

Explanation:

Cash Pledged                              $2,000,000

Treasury bill due in one month  $2,000,000

Cash in checking account           $400,000

Cash and Cash Equivalents         $4,400,000

Please note that treasury bill due after 90 days or maturing after 90 days are not considered cash equivalents.

8 0
3 years ago
Read 2 more answers
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