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lyudmila [28]
2 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]2 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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Answer:

$67,600

Explanation:

income from operations = gross profit - operating expenses.

In this case, the income from operations = EBIT, it is not always that way because EBIT includes non-operating income, but in this case this doesn't exist.  

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4 0
3 years ago
When considering the presentation of a retail store, which elements largely contribute to the visual experience for a consumer?.
Inga [223]

When considering the presentation of a retail store, The elements that largely contribute to the visual experience for a consumer are the store layout and atmosphere. This is further explained below.

<h3>What is a retail store?</h3>

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In conclusion, The retail store aims to look good as it is the last link to the consumer.

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6 0
2 years ago
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Rudiy27

Decision Making Steps:

1. Identification of Problems

2. Identifying Information

3. Make predictions that are likely to occur

4. Make a decision from the alternatives

5. Evaluate the results against the predections made

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1. Decision Making is an action that determines the results in solving problems by choosing a course of action among several alternatives that exist through a mental process and logical thinking and also considers all alternative choices that have a negative or positive influence.

Learn More:

1. Decision making steps brainly.com/question/13983891

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Details:

Grade: Middle School

Subject: Business

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VMariaS [17]

Answer:

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Explanation:

The adjusting entry is shown below:

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The eight months are considered from May 1,2018 to December 31,2018

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