Answer:
Option (C) is correct.
Explanation:
Actual output = 5100 units
Actual direct labor-hours = 3,380 hours
Actual direct labor cost = $74,698
The labor rate variance:
= (Actual Hours × Actual rate ) - ( Actual Hours × Standard Rate)
= $74,698 - ( 3,380 Hours × $20.40 Per Hour)
= $74,698 - $68,952
= $5,746 U
Since, the Actual is more than the Standard, the Variance is Unfavorable
Hence, the correct answer is $ 5,746 U
Answer:
Explanation:
%increase is given as = increase/ original prices ×100
Increase = new cost - original cost
The original average cost is $16000,
And the new average cost is $28,000
Then,
Increase = 28000-16000
Increase =$12,000
Then,
%increase=increase/original cost ×100
%increase = 12000/16000 ×100
%increase=75%
The rate of increase of the automobile cost is 75%
Answer:
Unemployment rate= 0.13= 13%
Explanation:
Giving the following information:
Of these 95 individuals, 75 are in the labor force and 65 are employed.
<u>To calculate the unemployment rate, we need to use the following formula:</u>
<u></u>
Unemployment rate= unmeployed population / labor force
Unemployment rate= 10/75
Unemployment rate= 0.13
By doing this, Dew was able to create a stronger bond with the customer and their brand. They already have brand awareness with their customers but now they are able to engage their customers by allowing them to have a "say" in their products. They are letting them design a product they would like to see on the market and become a part of the brand/company.
Answer:
The MCB Manufacturing's total product costs is $170,560
Explanation:
The computation of the total product cost is shown below:
Total product cost = Indirect Labor + Direct Labor + Indirect Materials Used + Direct Materials Used + Factory Utilities + Factory Janitorial Costs + Manufacturing Equipment Depreciation
= $53,000 + $40,000 + $7,500 + $65,000 + $760 + $1,200 + $3,100
= $170,560
Thus, the product cost is that cost which includes all types of direct and the indirect costs which are used to ready the product.
