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lyudmila [28]
3 years ago
12

Hickam Company makes one product, for which it has developed the following standard for labor: each unit should require 1.50 hou

rs at $12/hour. In April, Hickam made 10,000 units, using 1.65 hours per unit at a cost of $11.50 per hour. What is the labor usage variance
Business
1 answer:
Brut [27]3 years ago
7 0

Answer:

$1.8 Unfavourable

Explanation:

Labor usage variance can be calculated by deducting Standard hours from Actual hours and multiplying the result by the standard rate.

DATA

Standard hours = 1.50 hours

Standard rate = $12/hour

Actual hours = 1.65 hours

Actual rate = $11.5/hour

Calculation

LABOUR USAGE VARIANCE = (SH-AH)SR

LABOUR USAGE VARIANCE =(1.5 - 1.65) x $12

LABOUR USAGE VARIANCE = (-0.15) x $12

LABOUR USAGE VARIANCE = $1.8 Unfavourable

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7 0
3 years ago
EA2.
motikmotik

Answer:

$40

Explanation:

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3 years ago
If the number of demanders for electric cars increases at the same time as the number of suppliers of electric cars increases, w
Dmitriy789 [7]

Answer:

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Equilibrium quantity would increase.

Price would not change.

I hope my answer helps you

7 0
3 years ago
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