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
boyakko [2]
2 years ago
6

The standard rate of pay is $12 per direct labor hour. if the actual direct labor payroll was $47,040 for 4,000 direct labor hou

rs worked, the direct labor price (rate) variance is select one:
a. $960 unfavorable.

b. $960 favorable.

c. $1,200 unfavorable.

d. $1,200 favorable.
Business
2 answers:
Vsevolod [243]2 years ago
8 0

i think the answer is B

alina1380 [7]2 years ago
4 0

Answer:

"B"

Explanation:

Variance analysis is a performance tool used in evaluating the differences in the budgeted , standard and actual performance purposely to know how well a production process is fairing and any room for improvement.

If the standard direct labor rate is $12, then the standard labor cost is $4000*12 = $4,800.

In the situation where the actual direct labor cost is $47,040 , that means that a value of $960 has been saved on the direct labor cost which is a favorable variance.

You might be interested in
When total demand outpaces actual output in the economy, the economy usually enters?
alexandr402 [8]
The economy usually enters into DEMAND PULL INFLATION. This situation is usually describes as too much money chasing too few goods. Demand pull inflation is characterized by increase in the prices of goods and services, increase in real gross domestic product and decrease in unemployment. 
8 0
3 years ago
Butchart Gardens is a very large garden in Victoria, British Columbia, renowned for its beautiful plants. It is so large that it
andrey2020 [161]

Answer:

<h2>In this case,visit to the Butchart Garden is an excludable and non-rivalrous good and is an example of a Club Good.</h2>

Explanation:

First,since the Burchart Gardens charges an admission fee of $30 for each visitor,anyone who has not paid the fee cannot or will not be able to have access inside the garden.Therefore,it is currently not a free service for all the visitors.In this sense,a visit to the Butchart Garden is excludable.It can be assumed that any visitor who wishes to come inside the garden and have a visit will have to mandatorily pay the admission fee.

Secondly,as Butchart Garden is a public area and anyone who pays the admission fee can officially gain access to the garden,enjoyment of the natural and aesthetic beauty of the garden by any one visitor does not reduce the simultaneous enjoyment of any other visitor who has paid the admission fee and hence,gained access to the garden.In economic language,if we consider the garden visit as a particular commodity,then the consumption of the commodity by any one visitor or consumer does not reduce the simultaneous consumption of any other visitor/s or consumer/s,provided that they have all paid the admission fee to gain access to the commodity or garden in this case.Therefore,visits to the Butchart Garden can be considered as non-rivalrous.

Now,since the visit to the Butchart garden is both excludable and non-rivalrous in nature,it can be considered as an example of a Club Good.

8 0
3 years ago
When a new product is being introduced and reaching as many persons in the target market as quickly and as cost effectively as p
gtnhenbr [62]

Answer: Advertising

Explanation:

For a new company to quickly reach as many customers as quickly as possible, the company has to be involved in selling itself to the public and also intensive advertising.

Advertising is a form public awareness created for a particular product: which is new or already existing in a market. Advertising could involve the use of; Mass media, social media, fliers and banners.

6 0
3 years ago
Stock R has a beta of 2.5, Stock S has a beta of 0.55, the required return on an average stock is 13%, and the risk-free rate of
avanturin [10]

Answer:

19.50%

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

For Stock R

= 3% + 2.5 × (13% - 3%)

= 3% + 2.5 × 10%

= 3% + 25%

= 28.00%

For Stock S

= 3% + 0.55 × (13% - 3%)

= 3% + 0.55 × 10%

= 3% + 5.5%

= 8.50%

The difference would be

= 28% - 8.5%

= 19.50%

3 0
3 years ago
A hospital reports the following cost and revenue data: Variable cost per inpatient day of $250 Revenue per inpatient day of $10
REY [17]

Answer:

Expected profit at a volume of 25,000 inpatient days = $3,750,000.00

Explanation:

The expected profit is calculated as follows:

<em>Step 1</em>

<em>Total contribution per inpatient from 25,000 inpatients</em>

contribution = (revenue - variable cost) per patient

= $(1000-250)

= $750 per inpatient day

<em>Total contribution for 25,000 inpatient days</em>

$750 × 25000 =  $18,750,000.00

<em>Step 2</em>

<em>Calculate Profit </em>

Profit = Total contribution - Fixed cost

         =$18,750,000.00 -$15,000,000

        =  $3,750,000.00

Expected profit at a volume of 25,000 inpatient days = $3,750,000.00

4 0
3 years ago
Other questions:
  • Generally, regardless of threat or vulnerability, there will ____________ be a chance a threat can exploit a vulnerability.
    14·1 answer
  • The following data reflects the number of defects produced on a assembly line at the Deerfield electronics company for the past
    10·1 answer
  • Which of the following statements is not true about an evaluative interview?
    8·2 answers
  • Billy's Goat Coats has a preferred share issue outstanding with a current price of $38.89. The firm last paid a dividend on the
    14·1 answer
  • Explain the meaning and importance of advertising
    15·2 answers
  • The basis for classifying assets as current or noncurrent is conversion to cash within A. the operating cycle or one year, which
    10·1 answer
  • Suppose that real GDP is currently ​$13.22 trillion and potential real GDP is​ $14.0 trillion, or a gap of ​$800800 billion. The
    11·1 answer
  • All of the following statements about the use of images on landing pages are true, except
    15·2 answers
  • A liquidity ratio measures the Group of answer choices income or operating success of an enterprise over a period of time. abili
    15·1 answer
  • Give description of a recent (2019-2021)example of how this problem has displayed in Southafrica
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!