Answer: A favorable labor rate variance indicates that C. The standard rate exceeds the actual rate.
Explanation: If the standard rate exceeds the actual rate there is a favorable labor rate variance because the money they budgeted to spend ends up being less than what is actually spent. This keeps more money in the business instead of paying out employees for the projected labor amount.
Answer:
Refer below for the explanation.
Explanation:
FHA loan: The go-to advance program for purchasers with more vulnerable credit.
VA loan: No up front installment advances for borrowers with a military association.
USDA loan: 100% financing on provincial properties.
Fannie and Freddie: Conventional credits with only 3% down.
State first-time home buyer program: Assistance explicitly for occupants.
Home renovation loan: Buy a home and rebuild it with one advance.
Good Neighbor Next Door: Home value limits for people on call and instructors.
Dollar Homes: Foreclosed homes available to be purchased by the legislature.
Answer:
The correct answer is D.
Explanation:
Giving the following information:
Glascro Manufacturing Company had the following unit costs:
Direct materials $20
Direct labor 10
Variable overhead 15
Fixed overhead (allocated) 20
A one-time customer has offered to buy 3,000 units at a special price of $60 per unit.
Because there is unused capacity and it is a special offer, we will not have into account the fixed costs.
Unitary cost= 20 + 10 + 15= 45
Gross profit= (60 - 45)*3000= $45,000
Answer:
Terrace Corporation
Equivalent Unit
% D.Material % Conversion
Completed transferred 57,600 100% 57,600 100% 57,600
to drying
Ending Inventory of WIP 7,200 100% 7,200 60% 4,320
Total 64,800 64,800 61,920
Note:
Ending Inventory of Wip = Opening WIP Inventory + Added(Started) - Transferred out = 3,600 + 61,200 - 57,600 = 7,200 pounds
Answer:
Flextime plan
Explanation:
A flextime plan is a way in which the work time of employees is not fixed and is different from the traditional working hours (for example traditional hours of 9am to 5pm).
In this arrangement it is possible to have a full schedule of work in fewer days. It is possible to run 40 hours of work in 4 days rather than the traditional 5 day work week.
Employers leverage on this type of work plan to meet business needs and to maximise changes in work force
The schedule which Dee is suggesting for Fleesum's employees is for them to work work eight hours per day, but allows them to start as early as 7:00 a.m. or as late as 9:00 a.m., and leave as early as 4:00 p.m. or as late as 6:00 p.m. Her plan also requires all workers to be on the job between 9:00 a.m. and noon, and between 2:00 p.m. and 4:00 p.m.
Business need will most likely be high between 9am to 12pm and 2pm to 4pm.
