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trasher [3.6K]
4 years ago
13

A favorable efficiency variance for direct manufacturing labor indicates that: a. less direct manufacturing labor-hours were use

d during production than planned for actual output b. a lower wage rate than planned was paid for direct labor c. a higher wage rate than planned was paid for direct labor d. more direct manufacturing labor-hours were used during production than planned for actual output
Business
1 answer:
Yuri [45]4 years ago
7 0

Answer:

A- less direct manufacturing labor-hours were used during production than planned for actual output

Explanation:

A favorable labor efficiency variable indicates that the standard hours allowed to produce the actual output were higher than those actually used.

Therefore, less direct manufacturing labor-hours were used during production than planned for actual output

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If an investor purchases a bond when its current yield is higher than the coupon rate, then the bond's price will be expected to
SCORPION-xisa [38]

Answer:

a. increase over time, reaching par value at maturity

Explanation:

If current yield is more than coupon rate, it means that the bond price is less than par value, as time to maturity decreases bond value amortizes to par value. Thus, If an investor purchases a bond when its current yield is higher than the coupon rate, then the bond's price will be expected to <u>increase over time, reaching par value at maturity.</u>

7 0
3 years ago
Oil Creek Auto has sales of $3,340, net income of $274, net fixed assets of $2699, and current assets of $836. The firm has $417
Rom4ik [11]

Answer:

inventory = 0.125

Explanation:

It is asking us to express the inventory as a percent of sales

Th common-size statement refer to express each valeu a percent of sales:

Sales            3,340   100.000%

income           274         8.234%  (274 divided by 3340 times 100)

fixed assets 2,699      80.809%

current assets 836     25.030%

Inventory         417       0.12485  (417/3,340)

the answer should be a decimal so we don't covert to percent.

8 0
3 years ago
The Business Auto Coverage Form is intended for which of the following businesses? Select all that apply.
Karolina [17]

Answer:

A) Owned private passenger autos

B) Mobile equipment registered to drive on public roads

D) Automobiles owned by employees used for business purposes

Explanation:

Business Auto Coverage Form  is used to cover a company's autos, trucks, trailers, semitrailers and mobile equipment that are owned or used by the company.

It also covers vehicles that are not owned by the company but are used by the company's employees while doing business related activities, e.g. automobiles owned by employees and used for business activities.

It only covers mobile equipment that is registered to drive on public roads, e.g. cranes, drills, shovels, tractors, etc.

4 0
3 years ago
A product sells for $275 per unit, and its variable costs are 68% of sales. The fixed costs are $345,600. What is the break-even
OleMash [197]

Ratio of contribution margin = ($275 - $187)/$275 = 32%

Break-even point in sales dollars = $345,600/0.32 = $1,080,000.

<h2>What is Break-even point?</h2>

The amount (total sales revenue) or output level (total units produced) at which a business has recouped all variable and fixed costs is known as the break-even point.

  • As a result of Total Cost Equals Total Revenue, there is no profit or loss at break-even.
<h3>How do you determine the break-even point in sales volume?</h3>

Three values must be known in order to calculate a company's breakeven threshold in sales volume:

  • a fixed price: Rent is one example of a cost that is not related to sales volume.
  • varying expenses costs, such as the price of producing the good, that are based on sales volume
  • Price at which the product is sold.

learn more about breakeven point at: <u><em>https://brainly.in/question/31484328?msp_srt_exp=6&referrer=searchResults</em></u>

#SPJ4

7 0
2 years ago
Read 2 more answers
Jack just learned that several people in Arizona became ill from the peanut butter that was produced and jarred in his plant. As
nikklg [1K]

Answer:

The correct answer is letter "B": False.

Explanation:

In front of the case that people are becoming ill after consuming peanut butter produced and jarred in Jack's plant, he should take steps to reach the affected population to find out what he can do to help them. There must be proof that Jack's peanut butter is affecting them people for him to begin providing <em>restitution</em>. Otherwise, the affected population can gather to jointly sue Jack which is potentially dangerous for his business. Besides, he should make a research to verify if the peanut butter that is still being offered can harm others so he can withdraw them from the market.

Going into an informal organization would only worsen Jack's situation.

4 0
3 years ago
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