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HACTEHA [7]
3 years ago
9

Standard rate per direct labor-hour $ 2 Standard direct labor-hours for each unit produced 3 Units manufactured 1,000 Actual dir

ect labor-hours worked during the month 3,300 Total actual variable manufacturing overhead $ 6,600 Knowledge Check 01 Assume that direct labor-hours is used as the overhead allocation base. What is the variable overhead efficiency variance
Business
1 answer:
Nastasia [14]3 years ago
5 0

Answer:

Variable overhead efficiency variance= $600 unfavorable

Explanation:

Giving the following information:

Standard rate per direct labor-hour $2

Standard direct labor-hours for each unit produced 3

Units manufactured 1,000

Actual direct labor-hours worked during the month 3,300

<u>To calculate the variable overhead efficiency variance, we need to use the following formula:</u>

<u></u>

Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate

Variable overhead efficiency variance= (1,000*3 - 3,300)*2

Variable overhead efficiency variance= $600 unfavorable

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GDP calculated via factor payments includes: a consumption, investment, and government. b wages, interest payments, rent, and pr
erica [24]

Answer:

b wages, interest payments, rent, and profits

Explanation:

The GDP refers to the Gross domestic product which reflects the finalized market value of the goods and services that are to be produced within the country

Plus According to the factor payments, the GDP are to be calculated based on wages, interest payments, rents, and profits and the same is to be considered while calculating the GDP

8 0
4 years ago
To motivate employees to perform better, the human resources department of Martianse, a chain of retail apparel stores, replaced
Lynna [10]

Answer:

- Behavioural Substitution

Explanation:

Martianse human resources department uses and deploy the concept of Behavioural Substitution.

To begin, Martianse goal, as a firm, is to motivate the employees to perform better. Hence, the human resources department has come up with measures to achieve that. It is thus believed that replacing the fixed incentive system hitherto known with the firm, should be replaced by a performance based system. By this, the firm believes its primary goal will be accelerated.

Behavioural Substitution is thus the concept that the human resources department has displayed in their analysis and engagement. For one, behavioural substitution is simply the procedures aimed at replacing and/or supplanting efforts and actions that does not lead to goal accomplishments. By general belief, the old style of reward system used by Martianse has been seen as one not leading to goal actualization. Hence, it is important to substitute this non productive reward system with one established to elicit more better and improved performance from the workforce.

7 0
3 years ago
you are considering investing in general motors (GM). which of the following is an example of diversifable risk? a. risk resulti
Maru [420]

Answer:

d. risk resulting from an expected automobile industry shock g

Explanation:

Non systemic risk are risks that can be diversified away. they are also called company specific risk or industry specific risk . Examples of this type of risk is a manager engaging in fraudulent activities and risk resulting from an expected automobile industry shock

Systemic risk are risk that are inherent in the economy. They cannot be diversified away. They are also known as market risk. examples of this risk include recession, inflation, and high interest rates. Investors should seek compensation for systemic risk. Systemic risk is measured by beta. The higher beta is, the higher the systemic risk and the higher the compensation demanded for by investors

7 0
3 years ago
The more familiar customers are with a brand, the harder their decision-making process will be?
Pepsi [2]

The statement, the more familiar customers are with a brand, the harder their decision-making process will be is false.

When the customers are more familiar with a brand, it is not always necessary that the decision-making process will be harder for them. The customers decision depends more on the economical factors as well.

The various brands does play an important role in influencing the customers decision-making process. Brands enable customers to quickly differentiate one firm or product from another.

Hence, it is not always the case where the customers who are familiar with the brand have hard time making decisions.

To learn more about the decision-making process here:

brainly.com/question/19901674

#SPJ4

6 0
2 years ago
An economy has an aggregate demand shortfall of $1200 billion and a GDP gap of $900 billion. The mpc is 2/3. The appropriate fis
Vadim26 [7]

Answer:

Change in government expenditure needed = 300

Explanation:

Multiplier 'k' = Change in Income / Change in Govt. expenditure =  dY / d GE = 1 / ( 1-MPC )

Desired change in Y, ie GDP = 900 billion , MPC = 2 / 3.

k = 1 / ( 1 - 2/3 ) = 1 / ( 1/3 ) = 3

3 = 900 / d GE

d GE = 900 / 3 = 300

Change in government expenditure = 300

5 0
3 years ago
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