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Simora [160]
3 years ago
11

When auto manufacturer BMW purchased the RollsminusRoyce brand​ name, BMW had to hire and train a new staff of assembly workers.

The new workers were paid $ 23.00 per​ hour, worked a total of 7 comma 000 ​hours, and produced 1 comma 600 cars. BMW budgeted for a standard labor rate of $ 28.00 per hour and 3.25 direct labor hours per car. What is the direct labor efficiency variance for the RollsminusRoyce ​division? A. $ 50 comma 400 favorable B. $ 50 comma 400 unfavorable C. $ 41 comma 400 unfavorable D. $ 41 comma 400 favorable Click to select your answer.
Business
1 answer:
lord [1]3 years ago
7 0

Answer:

B. $ 50 comma 400 unfavorable

Explanation:

The formula to compute the labor efficiency variance is shown below:

= Standard labor rate ×  (Standard hours for actual output - Actual hours)

where,

Standard labor rate is $28

Standard hours for actual output would be

= 1,600 cars × 3.25 direct labor hours per car

= 5,200 hours

And, the actual hour is 7,000 hours

Now put these values to the above formula  

So, the value would equal to

= $28 × (5,200 hours - 7,000 hours)

= $50,400 unfavorable

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A company purchases merchandise with a catalog price of $30,000. The company receives a 40% trade discount from the seller. The
Svet_ta [14]

Answer:

$17,820

Explanation:

Data provided in the question:

Catalog price of the merchandise = $30,000

Trade discount received = 40%

The amount of discount received = 40% of $30,000

= 0.4 × $30,000

= $12,000

Therefore,

Cost of Merchandise = Catalog price - Discount

= $30,000 - $12,000

= $18,000

also,

credit terms = 1/10, n/30

since, the payment was made within the discount period

1% of discount will be provided

thus,

amount of discount = 1% of cost of merchandise

= 0.01 × $18,000

= $180

hence,

Net cost of the merchandise

= Cost of merchandise - Discount on credit terms

= $18,000 - $180

= $17,820

3 0
3 years ago
The least expensive type of life insurance is _____. whole-life insurance term insurance endowment life insurance limited-paymen
lutik1710 [3]
I believe the answer is: Term insurance

Term insurance is significantly cheaper compared to other type of insurance because it only cover risk plan without considering potential return in the future.
The amount of term insurance usually paid at a fixed rate on a limited period of time.
3 0
2 years ago
Read 2 more answers
Assume that activity G has the following times: Early start time 7 days Early finish time 13 days Late start time 15 days Late f
Aloiza [94]

Answer:

The correct answer is Activity G has s slack time of 8 days.

5 0
3 years ago
Economic policies that attempt to benefit the poor by taxing and spending are referred to as ________.
anygoal [31]

Answer:

Fiscal policy

Explanation:

Describes changes to government spending and revenue behavior in an effort to influence the economy. By adjusting its level of spending and tax revenue, the government can affect economic outcomes by either increasing or decreasing economic activity.

3 0
2 years ago
In Australia Coca-Cola launched Mother, an energy drink. However, most people did not like the taste. Rather than introducing an
vitfil [10]

Answer: (D) Styling

Explanation:

The coca-cola is changing the styling of products as it increase the marketing and the business. By changing the styling of existing product we make the product more attractive by developing new ideas on the product.

We can create and develop the new product by changing the existing drawbacks and create into the new styling of the product and also re-position the existing product in the market.

By advertising the new products on the different types of platform like the social media we advertising the brand of the products.

Therefore, Option (D) is correct.  

5 0
3 years ago
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