Accounting or accountancy is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations.
Answer:
the variable overhead efficiency variance is $1,840 unfavorable
Explanation:
The computation of the variable overhead efficiency variance is shown below:
= Standard variable overhead rate × (standard hours - actual hours)
= $4.60 × (10,600 - 11,000)
= $1,840 unfavorable
Hence, the variable overhead efficiency variance is $1,840 unfavorable
As the standard hours would be less than the actual hours so it would be unfavorable variance
Consumer goods are those goods that are purchased and used by consumers. Consumer goods are not used by manufacturers to produce other goods. In essence, consumer goods are ready for use since they have been taken through the production and manufacturing. For a country to have consumer goods it must trade with other countries either to acquire raw materials or trade in consumer goods. This trade process contributes greatly towards the development of LDC economies into MDC status.
Answer:
The number of labor employed by the plant is 160
Explanation:
The computation of the labor employed at the plant is shown below:
= Yearly production ÷ (labor hours per month × productivity × month per year)
= 57,600 ÷ (200 hours × 0.15 × 12)
= 57,600 ÷ 360
= 160
Hence, the number of labor employed by the plant is 160 and the same is to be considered
We simply applied the above formula
