Answer and Explanation:
The computation is given below:
a)
Direct labor rate variance = (Actual rate - Standard rate) × Actual hours
= ($22.50 - $23) × 8,450 hours
= -$4,225.00 Favorable
Direct labor time variance = (Actual hours - Standard hours) × Standard rate
= (8,450 hours - 8,400 hours) × $23
= $ 1,150.00 Unfavorable
Total direct labor cost variance is
= Direct labor rate variance + Direct labor time variance
= $4,225 Favorable + $1,150 Unfavorable
= -$3,075.00 Favorable
b. In the case when the employees are not much experienced or they are poorly trained so the less experience cause to less performance due to which the actual time needed should be more than the standard one
Your data would not be considered duplicated.
Answer:
for me I want you to choose vet because I love animals
Explanation:
But follow your heart it's your choice choose wisely
Answer:
After 14 years, the compounded value of the invested amount = $733,200.27
Explanation:
What the question is asking us to find is the future value of an amount that is invested over a period of 14 years, compounded at 15% semiannually.
The formula is:
where ;
FV = Future value
PV = present value (principal)
i = nominal interest
n = compounding frequency in a year
t = total number of years.
Note: for investments that are compounded annually, n = 1, because compounding is once in a year, for those compounded semiannually, n=2, because compounding is twice in a year, for compounding done quarterly, n = 4 because there are four quarters in a year and so on.
Putting, the values into the equation above;
= $733,200 (to the nearest dollar)
Answer:
B. $1,728
Explanation:
Data given in the question
Number of computer equipment purchased = $30,000
So, by considering the above information the maximum depreciation expense is
= Number of computer equipment purchased × depreciation rate under MACRS for 5 years property × half year basis
= $30,000 × 11.52% × 0.5
= $1,728
Refer to the MACRS table to find out the depreciation rate
