Explanation:
For DARK CHOCOLATE A. DIRECT LABOR RATE VARIANCE.= (Stadard Rate- Actual Rate) * Actual Hour DIRECT LABOR RATE VARIANCE.= (15.50-15.25) * 2360 DIRECT LABOR RATE VARIANCE.= $ 590 Favorable A. DIRECT LABOR TIME VARIANCE = ( Standard Hour - Actual Hour) * Standard Rate DIRECT LABOR TIME VARIANCE = (5000*0.50 - 2360) * 15.50 DIRECT LABOR TIME VARIANCE = ( 2500 - 2360) * 15.50 DIRECT LABOR TIME VARIANCE = $ 2170 Favorable A. DIRECT LABOR TOTAL VARIANCE= ( Standard Hour * Standard Rate - Actual Hour* Actual Rate) DIRECT LABOR TOTAL VARIANCE= ( 2500*15.50 - 2360*15.25) DIRECT LABOR TOTAL VARIANCE= $ 2760 Favorable For LIGHT CHOCOLATE A. DIRECT LABOR RATE VARIANCE.= (Stadard Rate- Actual Rate) * Actual Hour DIRECT LABOR RATE VARIANCE.= (15.50-15.80) * 6120 DIRECT LABOR RATE VARIANCE.= $ 1836 Unfavorable A. DIRECT LABOR TIME VARIANCE = ( Standard Hour - Actual Hour) * Standard Rate DIRECT LABOR TIME VARIANCE = (10000*0.60 - 6120) * 15.50 DIRECT LABOR TIME VARIANCE = ( 6000 - 6120) * 15.50 DIRECT LABOR.
Answer:
time and money that could be used on other things
money that could be spend elsewhere.
feeling better and having more confidence
Explanation:
Trade off is the sacrifice that must be made in order to carry out a certain activity. By deciding to go shopping, i would be sacrificing time and money.
Opportunity cost is the cost of the next best option forgone when one option is chosen over other options.
The opportunity cost of buying new clothes is what I could have used the money to do instead
The benefits of buying new clothes are the advantages i would derive from owning the clothes
Answer:
=$206,608.28
Explanation:
<em>Inflation erodes the value of money, so to determine the real value of any given amount (nominal) we need to adjust it for infalton.</em>
In the same vein, to calculate her dad's bonus 10 years ago, we will have to determine the real value of $300, 000 using the annual inflation rate.
This is determined as follows:
Real bonus = 300,000/1.038
= $206,608.28
The value of her dad's bonus 10 years ago
=$206,608.28
Long term is the answer, hope this helps
Answer:
Direct material= $190,000
Explanation:
Giving the following information:
Lauren Ashley Company purchased materials costing $200,000.
Inventories:
September 1= 120,000
September 30= 130,000
To calculate the amount of direct material used we need to use the following formula:
Direct material= beginning inventory + purchases - ending inventory
Direct material= 120,000 + 200,000 - 130,000= $190,000