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
zmey [24]
3 years ago
13

The following materials standards have been established for a particular product: Standard labor- hour per unit of output 3.3 ho

urs Standard labor rate $16.15 per hour The following data pertain to operations concerning the product for the last month: Actual hours worked 6,300 hours Actual total labor cost $103,635 Actual output 2,000 units What is the labor rate variance for the month
Business
1 answer:
wlad13 [49]3 years ago
4 0

Answer:

The labor rate variance for the month = $1890

Explanation:

Given values:

Standard labor hour per unit = 3.3 hours

Standard labor rate =  $16.15 per hour

Actual hours worked = 6,300

Actual total labor cost =  $103,635

Actual output = 2,000 units

Now, we calculate the labor rate variance with the help of given information. Below is the calculation of Labor rate variance.

Labor rate variance = ( Actual labor cost) – (Standard rate × Actual hours)

= 103635 – (16.15 × 6,300)

= $1890

You might be interested in
Use your knowledge of balance sheets, what are the total liabilities and retained earnings in the text below, respectively? ASSE
Vera_Pavlovna [14]

Answer:

B) 280,000; 200,000

Explanation:

Assets = Liabilities + Shareholder Equity

Assets:

Cash                              $50,000

Accounts receivable    $80,000

Inventory                     $100,000

Gross P&E                   $730,000

<u>depreciation               ($130,000)</u>

total                          = $830,000

Liabilities:

Accounts payable         $12,000

Notes payable              $50,000

<u>Long-term debt           $218,000 </u>

total                          = $280,000

Equity = $830,000 - $280,000 = $550,000

Common stock            $100,000

Add. paid-in capital    $250,000

Retained earnings = $550,000 - $100,000 (common stock) - $250,000 (APIC) = $200,000

3 0
3 years ago
During your meeting with your client, Hayden Doyle, you recommended he purchase a personal liability umbrella policy (PLUP). Whi
nataly862011 [7]

Answer:

b. Develop and present financial planning recommendations.

Explanation:

Since in the question it is mentioned that there is a recommendation for buying a personal liability with respect to the umbrella policy so in the steps of the financial planning process, the step that should be considered is to develop & present the recommendation with regard to the financial planning as the financial planning is important than can save your future

hence, the correct option is B.

6 0
3 years ago
The goal of the g21 plan was to bring a vehicle to market that represented a great value and had great environmental benefits. t
svet-max [94.6K]

The answer to the blank space is green marketing.

The Prius is supposed to be marketed for its great value and environmental benefits – thus making the type of marketing the company is doing a green marketing. A green marketing is defined as the process of marketing a product or service based on their environmental benefits – it could be because the product itself is environmentally-friendly (such as the Prius, which is a hybrid electric-gasoline car, which means that it won’t emit as much pollution) or because it is produced in an environmental-friendly way.

8 0
3 years ago
Bok buys an espresso machine from Coffee Gadgets, which bills him for $100. He writes out a check drawn on Dios Bank, but later,
noname [10]

Answer: d. must stop payment if the bank has a reasonable time to act.

Explanation:

Dios as a bank holds money for it's customers which means that the money is still under the ownership of the customer in question to do as they see fit.

If the customer therefore instructs them to act in a certain way with that money, they will do so provided that it is legal of course.

Bok asks Dios to stop a payment related to his own money and so they must do so if they have enough/reasonable time to do so because as their customer, he is there first priority especially in relation to his own money.

5 0
3 years ago
15 points and ill award brainliest to the right answer.
slamgirl [31]
<span>A public in-state college charges less for in-state tuition than for out-of-state tuition.
</span>Tara will most likely have to pay room and board expenses at an out-of-state public college, but might be able to commute to a public college in state.
8 0
3 years ago
Read 2 more answers
Other questions:
  • Marcus and tony work for lombardo's pipe and concrete. mr. lombardo is preparing an estimate for a customer. he knows that maruc
    12·1 answer
  • Diane had a plan to improve her responsibility. in order to understand if she has met her goal, she must
    9·1 answer
  • An economist left her $100,000-a-year teaching position to work full-time in her own consulting business. In the first year, she
    7·1 answer
  • On January 2, 2020, Marigold Corp. began construction of a new citrus processing plant. The automated plant was finished and rea
    10·1 answer
  • The idea that the money supply does not affect real economic variables is called:________
    11·1 answer
  • Ivanhoe Company purchased a new machine on October 1, 2017, at a cost of $77,980. The company estimated that the machine has a s
    6·1 answer
  • MARKETING/BUSINESS helpppp
    14·1 answer
  • 1. A manufacturer of industrial motors has identified ten new prospective customers for its products and estimated each customer
    13·1 answer
  • your company’s marketing manager implements the company’s new marketing strategy and tactics on the market. what types of inform
    9·1 answer
  • Net operating income equals: Multiple choice question. dollar sales – dollar sales to break even. unit sales × unit contribution
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!