Answer:
4400 Unfavorable
Explanation:
Calculation to determine the labor rate variance for the month
First step is to calculate the Standard hours using this formula
Standard hours = Standard labor-hours per unit of output*Actual output
Let plug in the formula
Standard hours= 4.5*1,300 units
Standard hours= 5850
Now let calculate the Direct labor efficiency variance using this formula
Direct labor efficiency variance = (Standard hours - Actual hours)*Standard rate
Let plug in the formula
Direct labor efficiency variance= (5,850-6,100)*17.60
Direct labor efficiency variance= 4400 Unfavorable
Therefore the labor rate variance for the month is 4400 Unfavorable
Answer:
Option B is correct
The maximum price to be paid is = $64000
Explanation:
To determine the the maximum price we would compute using the relevant costs of internal production.
<em>The maximum price to be paid to external supplier should be the total relevant costs associated with internal production.</em>
Total relevant cost of internal production = 34,000 + 15,000 +9000 + 6000
The maximum price to be paid is = $64000
Note that the fixed overhead of $6000 is associated with the internal production the balance of 4,000 is irrelevant and would be incurred either way.
Answer:
$91,900
Explanation:
The computation of net sales revenue is shown below:-
Here, for reaching the net sales revenue we add the sales revenue and deduct the sales return and allowances with sales discounts
Net sales revenue = Sales Revenue - Sales Returns and Allowances - Sales Discounts
= $95,000 - $1,000 - $2,100
= $91,900
Therefore we have applied the above formula.
Answer:
a. real GDP adjusts the value of goods for changes in the price level and nominal GDP does not.
Explanation:
The nominal GDP is calculated by using current prices without adjusting the inflation factor int the prices of goods that are accounted for in the total GDP value. On the other hand the real GDP is calculated by adjusting inflation int he pricesof the goods which included in total GDP value. So the correct option is a. real GDP adjusts the value of goods for changes in the price level and nominal GDP does not.
<span>There is no clearly defined question and grammatical errors are in the text above. That said, the text begs the question why does Edmund consume cassettes? The answer is that the cassettes attract billy goats and the goats eat the garbage. Edmund can earn a living as long as each $6 cassette attracts enough of the goats to consume 3 garbage sacks. To be profitable, one cassette must attract enough goats to consume 4 sacks of garbage.</span>
