Answer:
$429.60 Favorable
Explanation:
Provided information,
Standard Hours for each product = 3 hours
Standard Cost per hour = $14.00
Actual hours used = 198
Actual output = 80 connectors
Standard hours for actual output = 80 
3 = 240 hours
Actual Rate = $14.80 per hour
Direct labor cost variance = Standard Cost - Actual Cost
Standard Cost = Standard hours Standard Rae
= 240 $14 = $3,360
Actual Cost = 198 $14.80 = $2,930.40
Variance = $3,360 - $2,930.40 = $429.60
Since actual cost is less than standard variance is favorable.
$429.60 Favorable
The amount of the journal entry are as follows:-
Cash $15000
Accumulated Depreciation $10000
Equipment cost $35000
Loss on sale $10000
<h3>What is Depreciation?</h3>
An asset loses value over time as a result of use, damage, or obsolescence. Depreciation is the measurement for this decline.
The complete solution is attached below.
Depreciation, or a decline in asset value, can be brought on by a variety of other variables, such as bad market conditions, etc.
Thus the journal entry credit amount is Equipment cost $35000 and Debit amount of the journal entry are Cash $15000 Accumulated Depreciation $10000 and Loss on sale $10000.
Learn more about Depreciation here:
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Answer:
Plan A $1.29
Plan B $1.16
Explanation:
The computation of Earning per share is given below:-
Plan 1 Plan 2
Earning before interest and tax $200,000 $200,000
Less: Interest 1,300,000 × 6% $78,000
Earning to stock holders A $200,000 $122,000
Number of stocks B 155,000 105,000
Earning per share A ÷ B $1.29 $1.16
Most national unions in the United States are linked with the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) , an association that pursues improving the shared interests of its member unions at the national level.
Explanation:
The U.S. Trade and Industrial Workers Congress is the largest industrial organisation in the US. This consists of 55 national and international syndicates, bringing together more than 12 million active and retired employees.
The AFL-CIO is an international labour union federation. AFL–CIO has little control over the activities of its affiliate organisations as a mutual union except in extremely limited situations (e.g. the right to displace a member Union in the pursuit of corruption[8] and to impose conflicts over power or organisation). The AFL–CIO included 56 affiliate unions with 12.5 million workers in June 2014.
To solve for the marginal revenue, we are going to find the total amount the store would sell in dollars at 7 pairs and then at 8 pairs. After we find that, we will subtract the difference and receive the marginal revenue of the eighth pair of jeans.
($100)(7) = $700
($90)(8) = $720
$720 - $700 = $20
The marginal revenue is $20.
