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
vaieri [72.5K]
3 years ago
8

If the actual labor rate exceeds the standard labor rate and the actual labor hours exceed the number of hours allowed, the labo

r rate variance and labor efficiency variance will be:
a)
rate = Favorable efficiency = Favorable

b)
rate = Unfavorable efficiency = Favorable

c)
rate = Favorable efficiency = Unfavorable

d)
rate = Unfavorable efficiency = Unfavorable
Business
1 answer:
vladimir2022 [97]3 years ago
8 0

Answer:

Option D

Explanation:

As both, the actual rate and actual hours exceed the standards rate and standard hours, both rate and efficiency variance will be unfavorable.

And considering that if the actual labor rate exceeds the standard labor rate and if the actual labor-hours exceed the number of hours allowed, the total labor flexible budget variance will be unfavorable. As the variance is the difference between the Standard Cost and Actual Cost. So if both Standard rate & Standard hrs. are more than actual rate & actual hrs., Actual cost will be more than standard cost i.e. the variance will be unfavorable

Option d is correct

You might be interested in
Which is true about what a customer typically expects from a support technician?
vodomira [7]
<span>A customer expects a support technician to be knowledgeable, patient, and friendly. The support technician must be knowledgeable to the degree that they solve the issue at hand, but can also give basic information to a customer.</span>
3 0
3 years ago
The atmospheric pressure at a place is 650 mm of Hg. Convert this pressure
EleoNora [17]

Ans Solution

Explanation:

4 0
2 years ago
Help with these 3 economics questions plzzzz
Firlakuza [10]

Answer:

3

Explanation:

Various educators teach rules governing the length of paragraphs. They may say that a paragraph should be 100 to 200 words long, or be no more than five or six sentences. But a good paragraph should not be measured in characters, words, or sentences. The true measure of your paragraphs should be ideas.

5 0
3 years ago
Your grandmother recently surprised you and gave you $15,000 expressly for the purpose of starting your retirement savings. Her
qaws [65]

Answer:

A. $115,291.30

B. $421,536.55

C. $1,471,502.67

Explanation:

The expression that describes the final amount of a $15,000 investment compounded annually for 35 years is:

A = \$15,000*(1+i)^{35}

A. 6% per year

i = 0.06

A = \$15,000*(1+0.06)^{35}\\A = \$115,291.30

B. 10% per year

i = 0.10

A = \$15,000*(1+0.10)^{35}\\A = \$421,536.55

C. 14% per year

i = 0.14

A = \$15,000*(1+0.14)^{35}\\A = \$1,471,502.67

3 0
3 years ago
Which advantages of small business helped mary ellen sheets establish and grow two men and a truck? 2. which disadvantages of sm
Lana71 [14]

<u>Solution:</u>

1. Two men and a truck have an advantage of making their workers comply with the Grandma Law, which demonstrates respect and compassion for their clients. It welcomed new buyers, retained the faithfulness of current customers and made the company's own identity distinctive. The freedom of Two People and a Truck was another plus.

Two men and a truck were using the unsegmented approach to the market that many small companies have to or plan to do. This was based in its business or division on any consumer.

The marketing technique used was the conventional and modern internet and social media marketing method, PR&D and the news media.

2.  A) a lack of venture value: because they were a very small enterprise that used to carry their operations out, most customers had lost confidence or a value in their funding, believing their concept of selling franchises was not a successful one.

b) Failure to have sufficient funding: Originally, as this business started to expand rapidly, it emerged as a money-making workplace; a big concern was the shortage of investment resources.

Suggestions for addressing this were: using alternate funding strategies such as retained profits, bank loans, and so on.

3.  Two men and a truck should sell concessions outside North America. That is a smart idea. It is because since developing the organization, it is clear that it knows its strong fields, which it will use to develop a stable presence on the world market, with some 300 franchises in North America. Furthermore, this packaging and shipping company's business model is something essential and recognizable in the world.

Global franchises are more likely to question the organization if it is willing to adapt or deviate its strategies in order to suit the consumer market in a different country with a particular philosophy from the North American community, its corporate social management programs, its goals and its organizational ethics.

8 0
3 years ago
Other questions:
  • On January 1, 2018, Wilke Corp. had 480,000 shares of common stock outstanding. During 2018, it had the following transactions t
    15·1 answer
  • Sheridan Company had the following transactions that took place during the year: I. Paid amount owing to suppliers $2370. II. Pu
    8·1 answer
  • can be described as high on _______________ if as a manager, he has always been driven by trying out new ideas, scheduling, dire
    10·1 answer
  • Draw an average fixed cost curve. Label it. The AFC curve has this shape because​ _______.
    8·1 answer
  • What is seen as a major downfall to pepfar funding?
    10·2 answers
  • Whats x-(4x-7)=5x-(x+21)
    8·1 answer
  • At the end of each day, panera bread restaurants donate leftover bread and baked goods to food banks and local charities. the co
    9·2 answers
  • LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 4.2 hours of direct labor at the r
    11·1 answer
  • Help please Briefly explain how technology affects promotional strategies.
    14·1 answer
  • Alan karbashian spends all day driving from customer site to customer site for sales meetings in his job with a national medical
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!