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nignag [31]
3 years ago
14

LO 8.3When is the direct labor time variance favorable?

Business
1 answer:
ExtremeBDS [4]3 years ago
4 0

Answer:

The correct answer is letter "D": when the actual price is less than the standard price.

Explanation:

Direct labor rate variance compares the existing direct labor costs and normal direct labor costs over the same operating period. Favorable variance in the labor rate can be caused by hiring more unskilled employees, reducing the minimum wage, and incorrectly setting indirect labor costs. Favorable variance takes place when the <em>costs of direct labor are efficient or lower compared to the standard</em>.

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A higher price point should create value for the customer. The buyers need to know that they are paying for __________, or an un
nlexa [21]

Answer:

Differentiation.

Explanation:

The concept of value for the customer corresponds to the expectation that the product will meet the needs, desires and features that he expects.

The customer's perception of the concept of value is affected in rational and irrational ways, such as brand image, product performance, high price, etc.

Therefore, when a company offers a product at a higher price, it is passing on to the consumer the higher production cost of an item, which has features that add greater value and functionality, such as differentiation, personalization or an unforgettable customer experience.

Differentiated products are those produced in a more heterogeneous way compared to standard products, therefore differentiated products have distinct characteristics that add greater value, such as new features, technology, design, durability, style, etc.

3 0
3 years ago
Cash paid to retire notes $ 112​ Common shares acquired for treasury 172​ Proceeds from issuance of preferred stock 254​ Proceed
arsen [322]

Answer:

$176 million

Explanation:

The calculation of net cash inflows from financing activities is shown below:-

Net cash inflows from financing activities

Proceeds from issuance of preferred stock $254 million

Proceeds from issuance of subordinated  bonds $292 million

Less: Cash dividends paid on preferred stock (86) million

Less: Cash paid to retire note ($112) million

Less: Common shares acquired for treasury (172) million

Net cash inflows from financing activities $176 million

The positive sign represents the cash inflow and the negative sign represents the cash outflow

6 0
3 years ago
Like any effective salesperson, Frazer walks into a customer's office, shakes hands, looks the customer in the eye, and smiles.
lorasvet [3.4K]

Answer:

It would be C

4 0
3 years ago
How do you activate a linked chart?
DerKrebs [107]
A.click the chart and ask t edit data
6 0
3 years ago
Which of the following is a positive​ statement?
blsea [12.9K]

Answer:

Only Statements B and C are positive statements.

Explanation:

Here we are given a set of statements and we have to find out which all are positive statements,

Positive statements are objective statements that can be tested, amended or rejected by referring to the available evidence.

The first statement is just an opinion of some person and hence not a positive statement.

The second statement has solid evidence and can be considered as a positive statement.

The third statement is also positive statement.

The fourth is again an opinion and hence is not a positive statement.

4 0
2 years ago
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