Answer:
Actual Quantity= 151.57
Actual Rate= $3.17
Explanation:
Giving the following information:
Standard Hours 2.50
Standard Rate $35.00
Standard Cost $87.50
Number of tune-ups= 60
Labor rate variance $ 50 F
Labor spending variance $ 55 U
<u>First, we need to calculate the actual number of hours. We need to use the direct labor efficiency variance:</u>
<u></u>
Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate
-55 = (60*2.5 - Actual Quantity)*35
-55 = 5,250 - 35Actual Quantity
35Actual Quantity = 5,305
Actual Quantity= 151.57
<u>Now, the actual hourly rate. We need to use the direct labor rate variance formula:</u>
Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity
50 = (3.5 - Actual Rate)*151.57
50= 530.5 - 151.57Actual Rate
151.57Actual Rate= 480.5
Actual Rate= $3.17
Savings accounts typically offer more interest than the checking account.
<h3>What is a checking account?</h3>
A checking account is a type of bank account that allows bank customers to carry out their daily cash transactions. Money can be withdrawn or deposited in it multiple times a day without any restrictions. A checking account is also known as demand deposit.
To learn more about checking accounts, please check: brainly.com/question/3212795
Answer:
They are useful because you save time and money (and most people consider that time is money). Most apps offer services for free while normally your bank used to charge you for them. Sometimes it is not only what you pay for certain services or not, but the amount of time you spend doing something that can be easily done through an app, e.g. instead of going to an ATM you can just use a cellphone. Those 20-30 minutes that you save cost money. Another advantage of doing things online is that you have the information on hand, and you can check your transactions easily, e.g. when preparing tax returns.
Answer:
Just work hard and be fast
Explanation:
Just work and be fast! People at the back wont get mad because you are a hardworking/fastworking man/woman!
Answer:
you did the questions right . very good