Answer:
1. Actual Hour = 145 hour
2. Actual rate per hour = 28.17 per hour
Explanation:
According to the scenario, computation of the given data are as follow:-
1). Labor Efficiency Variance= Labor Rate Variance + Labor Spending Variance
= 170 + 120
= 290
Labor Efficiency Variance = Standard Rate × (Standard Hour - Actual Hour)
-290 = 29 × (54 × 2.5-X)
-290 = 29 × (135 - X)
-290 = 3,915 - 29x
29x = 4,205
X = 4205 ÷ 29 = 145
Actual Hour = 145 hour
2). Labor Rate Variance = Actual Hour × (Standard Rate-Actual Rate)
120 = 145(29-x)
120 = 4,205-145x
145x = 4,085
X= 4,085 ÷ 145
Actual rate per hour = 28.17 per hour
Answer:
a.reduced MI and increases M2
Explanation:
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Answer:
Explanation:
A capitalized cost of an asset is made up of
1 . Purchase price import duties and non refundable taxes less trade discount and rebate
2. Direct cost of bringing the asset to its present position
3. Fair value given in exchange for the the assets
Cost of Computer
Purchase Price - $10,000
Fair value of White common stock - $4,200
Installation cost - $ 700
Shipping cost - $ 500
Total Cost - $15,400
Answer:
1.27%
Explanation:
Rate of return = [(1+real risk free rate)/(1+inflation rate)]-1
real risk free rate = 3.5%
inflation rate = 2.20%
Therefore Rate of return = [(1+ 3.5%)/(1+2.20%)]-1
=1.27%
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Explanation:
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