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Andre45 [30]
2 years ago
5

Newbill Enterprises recently used 26,000 labor hours to produce 9,700 completed units. According to manufacturing specifications

, each unit is anticipated to take 2.65 hours to complete. The company's actual payroll cost amounted to $504,400. If the standard labor cost per hour is $19.60, Newbill's labor rate variance is:a.) $582U.b.) $5,000F.c.) $582F.d.) $5,200U.e.) $5,200F.f.) None of these.
Business
1 answer:
vagabundo [1.1K]2 years ago
5 0

Answer:

Newbill's labour rate variance

= (Standard rate - Actual rate) x Actual hours worked

= ($19.60 - $19.40) x 26,000 hours

= $5,200(F)

Actual rate

= <u>Actual payroll cost</u>

  Actual hours worked

= <u>$504,400</u>

  26,000 hours

= $19.40

Explanation:

Labour rate variance is the difference between standard rate and actual rate multiplied by actual hours worked. Actual rate is actual payroll cost divided by actual hours worked.

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When comparing different forms of advertising, the property manager should realize that A) trade journals are ineffective for re
Papessa [141]

Answer: C) direct mail is favored by industrial and commercial property owners.

Explanation:

Direct mail advertising is the method still preferred by most industrial and commercial property owners. This is simply down to the fact that it enables them to build a prospective list of clients that they can always target. They then mail these clients professional ads when there is an opening. The benefit of this is that they are mailing to who they would consider to be an audience more likely to act on the information that way their efforts are not wasted.

6 0
3 years ago
Which of the following systems would you use to determine which trends in your supplier's industry will affect your firm the mos
irakobra [83]

Answer:

ESS

Explanation:

Management support system are computer based system that are used by managers in carrying out their functions.It consists of Executive support system , Decision support system ,Expert system.

Executive support system is an arm of MSS that facilitates and assist seniors executive information and decision making needs.

It is an intermediary between internal and external information in connection to the organization goal.

8 0
3 years ago
If bonds for Crayon Corporation, with a face value of $150,000, are converted into common stock when the carrying value of the b
Llana [10]

Answer:

(C) Bonds Payable for $150,000

Explanation:

the face value of the bonds will the value at which bonds payable account enter the accounting. Then, there is a discount which decrease the net value of the bonds:

Bonds Payable        150,000 credit

Discount on bonds   15,000  debit

When the bonds are converted, we will write-off these account against common stock and additional paid-in

To wirte-off the account we need to post them in the other side so we got:

Bonds payable debit 150,000 debit

       Discount on bonds         15,000 credit

      Common Stock                       xx credit

      Additional paid.in                    xx credit

These makes option C correct

5 0
3 years ago
Suppose that Taggart Transcontinental currently has no debt and has an equity cost of capital of 10%. Taggart is considering bor
labwork [276]

Answer:

Option (D) is correct.

Explanation:

We have to use MM proposition that cost of equity will change itself in such a manner so that it can take care of its debt.

Cost of equity:

= WACC of all equity firm + (WACC of all equity - Cost of debt ) × (Debt -to-equity ratio)

At the beginning, when there was no debt,

WACC = cost of equity = 10%

Levered cost of equity:

= 10% + ( 10% - 6%) × 0.2

= 10.8%

Therefore, Taggart's levered cost of equity would be closest to 11%.

8 0
3 years ago
thinking strategically about industry and competitive conditions in a given industry involves evaluating such considerations as
oksian1 [2.3K]

Answer:

E. how often sellers alter their prices, how sensitive buyers are to price differences among sellers, whether the item being purchased is a good or a service, and whether buyers buy frequently or infrequently.

Explanation:

Options are <em>"A. cultural, lifestyle, and demographic changes, B. the birth of new industries, new knowledge, and disruptive technologies, C. weather, climate change, and water shortages, D. interest rates, exchange rates, unemployment rates, inflation rates, and economic growth, E. how often sellers alter their prices, how sensitive buyers are to price differences among sellers, whether the item being purchased is a good or a service, and whether buyers buy frequently or infrequently." </em>

Thinking strategically about industry and competitive conditions in a given industry involves evaluating such considerations as <u><em>how often sellers alter their prices, how sensitive buyers are to price differences among sellers, whether the item being purchased is a good or a service, and whether buyers buy frequently or infrequently.</em></u>

The strategy decision making about the industry and competitive conditions involve evaluating the prices, buyer sensitivity to the prices, serviceability & frequency.

7 0
2 years ago
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