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Ksju [112]
3 years ago
5

The following data relate to labor cost for production of 3,600 cellular telephones: Actual: 2,430 hrs. at $14.5 Standard: 2,390

hrs. at $14.8 a. Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.
Business
1 answer:
Bogdan [553]3 years ago
8 0

Answer and Explanation:

The computation is shown below:

For Direct labor rate variance, it is

= (Actual rate - Standard rate) × Actual hour

= ($14.5 - $14.8) × 2,430 hours

= $729 favorable

For Time variance, it is

= (Actual hours - standard hours) × standard rate

= (2,430 hours - 2,390 hours) × $14.80

= $592 unfavorable

So, the Total labour cost variance is

= $729 favorable + $592 unfavorable

= $137 favorable

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Forward vertical integration

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6 0
3 years ago
A reversionary interest would be held by a:
boyakko [2]

Answer:A reversionary interest is created when a deed provides that the property transfer is “on condition that” or “only for so long as” the property described in the deed is used, or not used, for certain purposes.

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Answer:

A, Offer a guarantee for the customer's complete satisfaction.

Explanation:

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4 0
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How does paying the minimum on a credit card hurt?
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Hope this helped!

6 0
3 years ago
Interest of the building on the principal and interest already gained is what
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Answer:There u go

Explanation:

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Compound interest is interest paid on interest. At 5 percent interest compounded annually, you will have $105 after the first year. If you keep this investment for another year, you will be paid interest on your original $100 and on the $5 you made in interest the first year. The longer you invest your money, the higher your interest payments will grow, not only on your original amount but on the additional interest you earn each year. This is what makes compounding interest so powerful.

When credit unions speak of compounding, they refer to dividends rather than interest.

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6 0
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