Answer:
Direct labor rate variance= $2,430 favorable.
Explanation:
Giving the following information:
Standard labor rate $ 15.10 per hour
Actual hours worked 8,100 hours
Actual total labor cost $ 119,880
To calculate the direct labor rate variance, we need to use the following formula:
Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity
Actual rate= 119,880/8,100= $14.8
Direct labor rate variance= (15.1 - 14.8)*8,100= $2,430 favorable.
<u>It is favorable because the actual rate for direct labor was lower than the estimated rate.</u>
Answer:
c. Creating a global marketing plan is a complex task.
Explanation:
It is correct to say that creating a global marketing plan is a complex task.
There are several barriers that can spell failure if the international company's strategy is poorly planned.
Therefore, the ideal is to research in depth about the new market to which the organization intends to enter.
In addition to legally adapting to local legislation, the company must analyze and plan to generate local interest in its products and services.
This requires market research that seeks to identify your target audience, what are their particularities, preferences, characteristics and needs.
The set of variables in the marketing mix: price, product, place and promotion, should also be adapted to the location where the company is located, the key to success is adaptation and the strategy aligned with the location.
- Travel and Entertainment Credit - Consumers use cards with no interest and non-revolving balance.
- Revolving Check Credit - Consumers use prearranged loan using special checks.
- Closed-End Credit - Consumers pay off dept and credit is automatically renewed.
- Revolving Credit - Consumers take out a loan with a repayment date and have a specific purpose.
<h3>What is meant by Consumer Credit?</h3>
Consumer credit refers to debt incurred by an individual to pay for products and services. An example of consumer credit is a credit card.
Consumer credit might refer to any sort of personal loan, although it is more frequently used to denote unsecured debt that is incurred to pay for regular products and services. Consumer debt can, however, also refer to secured loans like mortgages and auto loans.
Installment credit is given for a predetermined time period and is utilized for a specified purpose.
Open-ended revolving credit is a type of loan that can be applied to any kind of transaction.
To learn more about consumer credit from given link
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Answer:
The answer is: 390 stocks
Explanation:
The §318 stock attribution rules stipulates that a person owns what their spouse, children, grandchildren, or parents own. This means that DeWitt Corporation (since Jennifer owns 50%) owns its 130 stocks plus Jennifer's 130 stocks and Dan's 130 stocks. So DeWitt basically owns all of Lansing Corporation according to the §318 stock attribution rules. That doesn't mean that Jane owns half of Lansing though.
Answer:
d. $ 263.50
Explanation:
The Exchange rate is 1 dollar = 19.924 Uruguayan Peso.
We need to buy 5000 Uruguayan pesos but the agent requires a comision of a 5% when converting currency, so really we will need to buy:
5,000 Uruguayan pesos + 5,000 Uruguayan pesos* 0.05 = 5,250 Uruguayan pesos.
Now if we apply the given exchange rate we will obtain the amount of US Dollars we need:
x U$S = (5,250 Ur.$)/(19,924 Ur.$/U$S)= 263,50 U$S needed