Answer:
$30,000 unfavorable.
Explanation:
Calculation for what The direct labor efficiency variance for October was
Using this formula
Direct labor efficiency variance = (Standard hours for actual production - Actual hours) × Standard rate per hour
Let plug in the formula
Direct labor efficiency variance=(5,000 × 2 - $207,000 ÷ $18.00) × $20
Direct labor efficiency variance= (10000 - $11,500) × $20
Direct labor efficiency variance= $1,500 × $20
Direct labor efficiency variance= $30,000 unfavorable
Therefore The direct labor efficiency variance for October was $30,000 unfavorable
Answer:
Operating Activity
Explanation:
The Indirect method, reconciles the Operating Profit to the Operating Cash Flow by adjusting the following items (1) Non Cash flow items previously added or deducted from Operating Profit and (2) Changes in Working Capital items.
Amortization of bond premium is an item of non-cash flow that was previously deducted from Operating Profit and needs to be <em>added</em> back.
The correct answer to this open question is the following.
Japan is dealing with economic concerns about an aging population in the following way. The Japanese government is inviting the seniors in Japan to not retire, instead, encouraging them to continue to work and be productive. Statistics show that 20 to 22% of Japan's population is seniors, older than 65 years. So that is why the Japanese government invites people to keep on being productive, generation some income for them, and extending the moment in which the government has to pay pensions.
Photojournalist or a smoke jumper?
Each of five transactions can be defined as follows:
a) Authorization for use of materials (both direct and indirect).
b) Work used in the factory (both direct and indirect).
c) Factory over-the-counter application to employment.
d) Fulfilled jobs.
e) Goods selling costs.
Following are the description of the transaction:
For a)
- A document which the manufacturing company prepares to ask for materials they need to finish production is a material requirement.
- It is also a material request or materials requirements document.
- The document the requester will retain a copy of the form, just as do the warehouse personnel.
For b)
- The plant system is a production process utilizing machinery & manpower divisions.
- Due to the increasing price of capital for machinery & building, facilities often belonged privately to rich workers who've worked on the job.
For c)
- The overhead manufacturing costs are added or applied to each work during the manufacturing process.
- Those costs will be included in the processing costs in conjunction with direct material and direct.
For d)
- Work is finished by the operational and structural completeness of the project/works, the Commissioning has been carried thru in line with technical specs.
For e)
- The direct cost of producing the commodities sold by a corporation is referred to as the costs of the materials and the work required directly to produce the goods is included.
- Indirect spending, such as distribution and sales force expenses, is excluded.
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