Answer:
Variable overhead efficiency variance $ 8,018
<u> </u>Unfavorable
Explanation:
<em>Variable overhead efficiency variance: Variable overhead efficiency variance aims to determine whether or not their exist savings or extra cost incurred on variable overhead as a result of workers being faster or slower that expected. </em>
Since the variable overhead is charged using labour hours, any amount by which the actual labour hours differ from the standard allowable hours would result in a variance
Hours
2,700 units should have taken (2,700 × 3.20) 8640
but did take (actual hours) <u> 9,400</u>
Efficiency variance in hours 760 unfavorable
standard variable overhead cost per hour <u>$10.55</u>
Variable overhead efficiency variance $<u> 8,018 </u>Unfavorable
Variable overhead efficiency variance $ 8,018
<u> </u>Unfavorable
Answer:
This proposal will not work.
Explanation:
All taxes work the same way, it doesn't matter if they are payroll taxes or taxes on goods or services. In this case, labor is the service provided by the employees (suppliers) and the employer is the consumer. A tax increase will reduce the demand for labor, and therefore the equilibrium price of labor (wage) will also decrease. If wages decreases, then workers are not going to be better off, on the contrary they will be worse off. This tax increase will lower both the wage and the employment level.
Answer:
over 1 year
Explanation:
IRS known as Internal Revenue Service interpret internal revenue code and they control treasure regulation. They also have code that control disposition of asset which is the process of selling out of an asset
It should be noted that Under IRS regulations, a gain or loss upon current disposition of an asset is first considered to be long term if the asset has been held for over 1 year.
