Answer:
Direct labor rate variance= $482 favorable
Explanation:
Giving the following information:
Variable overhead 0.5 hours $ 7.30 per hour
Actual direct labor hours= 2,410
The actual variable overhead rate was $7.10 per hour.
<u>To calculate the variable overhead rate variance, we need to use the following formula:</u>
Variable manufacturing overhead rate variance= (standard rate - actual rate)* actual quantity
Variable manufacturing overhead rate variance= (7.3 - 7.1)*2,410
Variable manufacturing overhead rate variance= $482 favorable
Answer:
Total slack
Explanation:
Total slack is defines as the time that tasks are delayed which will eventually affect the finishing date of a project.
Total slack can be either positive or negative. Positive slack is when delay in tasks do not affect project finish date, and negative slack are delays that affect project finish date.
Total slack is calculated as difference between smaller value of late finish and early finish.
Tom shares 4 days of his slack with the contractor.
So he has 10- 4 = 6 days slack
The total slack is 6 + 4= 10 days
In this scenario the difference between late start and early start is 9 - 5= 4 days
Answer:
Socio-Demographic characteristic
Explanation:
Answer:
A consumer price index (CPI) is usually calculated as a weighted average of the price change of the goods and services covered by the index.
Explanation:
The weights are meant to reflect the relative importance of the goods and services measured by their shares in total consumption of household.