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irga5000 [103]
3 years ago
5

The following labor standards have been established for a particular product: Standard labor-hours per unit of output 8.7 hours

Standard labor rate $ 18.10 per hour The following data pertain to operations concerning the product for the last month: Actual hours worked 3,800 hours Actual total labor cost $ 67,640 Actual output 500 units What is the labor efficiency variance for the month?
Business
1 answer:
densk [106]3 years ago
5 0

Answer:

$9,955 Favorable

Explanation:

The computation of labor efficiency variance is shown below:-

Actual Hours = 3,800 Hours

Standard Hours = 500 × 8.7

= 4,350 Hours

Standard Rate = $18.10

Labor Efficiency Variance = (Actual hours – Standard hours) × Standard rate

= (3,800 – 4,350) × $18.10

= $9,955 Favorable

So, for computing the labor efficiency variance we simply applied the above formula.

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Answer:

Answer is adaptive.

Refer below for the explanation.

Explanation:

Therefore,

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3 years ago
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Answer:

The correct answer is letter "D": interfere with the rationing function of prices.

Explanation:

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The rationing function of prices can be also understood as the measures taken to discourage demand to keep resources to use them over a determined period.

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3 years ago
Why might performance measurement be more difficult in global logistics systems?
Vlada [557]
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7 0
4 years ago
Michelle smith bought 30 shares of james company stock at $34 per share. the company paid annual dividends of $0.42 per share. w
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5 0
3 years ago
Read 2 more answers
a client has a variable annuity with an assumed interest rate of 4%. the client received a first benefit check of $110. the sepa
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To learn more about Annuity visit here;

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