Answer:
Variable overhead efficiency variance= $110 favorable
Explanation:
Giving the following information:
The quantity standard is 1.4 hours per unit.
The variable overhead rate standard is $11.00 per hour.
The company produced 1,450 units using 2,020 direct labor-hours.
To calculate the variable overhead efficiency variance, we need to use the following formula:
Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate
standard quantity= 1.4*1,450= 2,030
Variable overhead efficiency variance= (2,030 - 2,020)*11
Variable overhead efficiency variance= $110 favorable
Answer:
Yes
Explanation:
From the given output
The Probability of getting 13 or more passed
when the reliability = 0.35. can be calculated as follows
=0.0258+0.0109+0.0039+.0012+0.0004 = 0.0422 ≈ 4.2%
Since the probability is less than the 5% level we will therefore reject the Null hypothesis
answer : YES
Answer:
Given that generators generate greater profit with less consumption of hours, the maximum profit would be building 130 generators, obtaining $ 32,500 of profit, and there would be 10 hours of testing left over.
Explanation:
Since the Electrotech Corporation manufactures two industrial-sized electrical devices: generators and alternators, and both of these products require wiring and testing during the assembly process, and each generator requires 2 hours of wiring and 1 hour of testing and can be sold for a $ 250 profit, while each alternator requires 3 hours of wiring and 2 hours of testing and can be sold for a $ 150 profit, and there are 260 hours of wiring time and 140 hours of testing time available in the next production period and Electrotech wants to maximize profit, to determine this situation the following mathematical logical reasoning must be carried out:
260/2 = 130
140 - 130 = 10
130 generators = 32,500
Thus, given that generators generate greater profit with less consumption of hours, the maximum profit would be building 130 generators, obtaining $ 32,500 of profit, and there would be 10 hours of testing left over.
Answer:
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Answer:
E) She may take a 3 percent discount if she pays the invoice within ten days.
Explanation:
Net30: net/30 is a type of trade credit where the buyer must pay within 30 days of the purchase. Traders usually offer discounts so that buyer pays the amount earlier than the time of payment.
Example: Notation 3/10 on the invoice means the customer will be given 3% discount if he/she pays within 10 days.
