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Andre45 [30]
3 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]3 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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Answer:

b. Increase in communication and coordination costs

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A creamery shop sells its special ice cream for $4.50 a quart. It costs them $3.00 a quart to make it. The daily demand for this
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Answer and Explanation:

The computation of the service level and the corresponding optimal stocking level is shown below:

Given that

Selling price = SP = $4.50

Cost price = CP  = $3.00

So,

Salvage value =  V  = $1.50

Average daily demand (d) = 35 quarts

The  standard deviation of daily demand  = 4 quarts

based on the above information

Overage cost = (Co) is

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= $1.50

Now

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= SP - CP

= $4.50 - $3.00

= $1.50

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= 0.50

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Now

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So,

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Marcy and Liz developed a new jewelry design. They were fortunate to get the attention of a large online retailer who was willin
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