1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Gelneren [198K]
3 years ago
10

Clark Company manufactures a product with a standard direct labor cost of two hours at $18.00 per hour. During July, 2,000 units

were produced using 4,200 hours at $18.30 per hour. The labor quantity variance was A) $3660 F B)$3600 U C)$2460 U D)$3660 U
Business
1 answer:
Butoxors [25]3 years ago
5 0

Answer:

The correct answer is B)$3600 U.

Explanation:

The labor quantity variance is difference between actual hours consumed to produce the product and standard hour that should be taken to produce the product. The detail calculation are given below.

labor quantity variance= Standard rate (Standard quantity - actual quantity)

                                       = 18 (4,000-4,200)

                                        = $ 3,600 un-favorable

Labor quantity variance is un-favorable. Which means more labor cost due to more labor hour comsumed.

You might be interested in
A property management group is interested in diversifying its company to operate properties for low-income housing, but the grou
Sloan [31]

Options:a. Unrelated diversification b. Related diversification c. Internal new venture d. Joint.

Answer:b. Related diversification

Explanation:Related diversification is a system of diversification where a business Organisation diversifies its operations into product lines or brands that are similar to what it is already Manufacturing or marketing.

The property management company has already been involved in property management,but in this case it is for High income earners,since it is now interested and wants to diversify to property management for low income earners,this approach to diversify is called RELATED DIVERSIFICATION.

3 0
3 years ago
Suppose you've just inherited $10,000 from a relative. You're trying to decide whether to put the $10,000 in a non-interest-bear
kompoz [17]

<u>Solution and Explanation:</u>

  • When interest rate is 8%, opportunity cost is 800 dollar per year for 10000.
  • When interest rate is 10%, opportunity cost is 1000dollar per year for 10000.

McQ ans is C I.e. Qunatity demand decreases as interest rate rises because Md=KPY-hi

It is to kept in mind that with the change in the quantity that is being demanded may fluctuate with the change in the interest rate. The relationship between the price and demand goes hand in hand.  

7 0
3 years ago
Answer the above Questions ​
Sergio [31]

Answer:

mmmm its only about India

Explanation:

i dont stay in India

5 0
3 years ago
Read 2 more answers
Here are selected data for Creek​ Corporation: Cost of materials purchases on account $ 68 comma 700 Cost of materials requisiti
Sedbober [7]

Answer:

$29,900

Explanation:

According to the scenario, computation of the given data are as follows:-

Predetermined Manufacturing Overhead = 130% of Direct Labor Cost

= $77,000 × 130÷100 = $100,100

Direct Material= $51,300 - $4,500 = $46,800

Direct Labor = $77,000

Total Added Cost to WIP = Manufacturing Overhead + Direct Material + Direct Labor

=$100,100 + $46,800 + $77,000 = $223,900

WIP Inventory at the End of The Year = Beginning WIP Inventory +Total Added Cost to WIP - Cost of Goods Manufactured

= $29,700 + $223,900 - $223,700

= $29,900

5 0
3 years ago
The objective of financial reporting is to provide useful financial information to capital providers.
Amiraneli [1.4K]

i think it is B

Explanation:

6 0
3 years ago
Other questions:
  • What are the most important reasons why eCommerce has seen explosive growth in recent years? In your opinion, will this growth i
    8·1 answer
  • A detailed list of questions submitted to external vendors to determine how well they meet the organization's specific requireme
    12·1 answer
  • Qualified dividends may be subject to a marginal tax rate of 23.8 percent (20 percent for the capital gain and 3.8 percent tax o
    9·1 answer
  • Unlike a product/service differentiation competitive strategy, a niche strategy:
    14·1 answer
  • The Turtle Society, a nongovernmental not-for-profit organization, receives numerous contributed hours from volunteers during it
    8·1 answer
  • Jonathan has always been interested in computers. He consistently reads computer magazines, attends various seminars on computer
    7·1 answer
  • 4. Leon is catering a luncheon. He is only supplying the food. What kind of catering service is he providing? A. Social B. Corpo
    5·1 answer
  • Tamarisk, Inc. sells merchandise on account for $7400 to Cheyenne Corp. with credit terms of 2/15, n/30. Cheyenne Corp. returns
    13·2 answers
  • 1. The protocol that a business sticks to on a day-to-day basis is called _____.
    14·2 answers
  • Which of these is NOTa concern for consumers in times of inflation? a.They cannot anticipate the cost of goods and services. b.T
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!