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kherson [118]
3 years ago
13

Dreidell Corporation expected to use 1.1 direct labor hours to produce one unit of their product, at a rate of $12/DLH. Actual r

esults for last year indicate that they sold 420,000 units, where their direct labor workforce actually worked 500,000 hours at a rate of $13.25/DLH. What is the Direct Labor Rate Variance?
Business
1 answer:
mart [117]3 years ago
3 0

Answer:

Direct Labor Rate Variance  = $625000 unfavorable

Explanation:

given data

standard rate = $12

actual rate = $13.25

actual hours = 500,000

to find out

What is the Direct Labor Rate Variance

solution

we get here Direct Labor Rate Variance that is express as

Direct Labor Rate Variance  = ( standard rate - actual rate ) × actual hours      ................. 1

put here value we get

Direct Labor Rate Variance  = ( 12 - 13.25 ) × 500000

Direct Labor Rate Variance  = $625000 unfavorable

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how can you guarantee that your talk or speech will be interesting to your audience? Is this good advice? Why or why not? Justif
Rashid [163]
If you want to make sure it's interesting, you have to cater your speech/talk to your target audience. This is good advice. A 15-page detailed Powerpoint presentation with note cards would do as much good when presenting to kindergarteners as a water hose would do good in a flood. But, say, it was a fire, then the water hose might come in handy. In our case, your boss at the business meeting would find your Powerpoint much more interesting than kindergarteners would. 

Hope this helps! Have a nice day :)
7 0
3 years ago
It is theorized that the price per share of a stock is inversely proportional to the prime​ (interest) rate. In January​ 2010, t
Zanzabum

Answer:

price per share in March is $96

Explanation:

given data

January price per share = ​$193.04

January prime rate = 2.75%

march prime rate = 5.50​%

to find out

What was the price per share in March

solution

we know that here price is proportional to prime rate

Price ∝ \frac{1}{rate}   ........1

so price = k ×  \frac{1}{rate}      ...............2

k is constant here

so put all value for january

193.04 = k ×  \frac{1}{2.74%}

k = 5.28

so for  march price per share will be by equation 2

price = 5.28 ×  \frac{1}{5.50%}

price = 96

so  price per share in March is $96

3 0
3 years ago
Four (4) ways to harvest an investment in a business.
Mazyrski [523]

Answer:

Harvesting an investment in a business

Four ways to harvest:

a. Outright sale of a company or the investment

b. Issue of Initial Public Offering (IPO)

c. Gradual elimination of a product, especially after the cow stage.

d. Withdrawal of additional investment and earning of profits.

Explanation:

These strategies can be employed by a business to reap the fruits from an investment.  The purpose for the investment and the risk profile of the investor determines the actual strategy or combination of strategies used by the investor.

7 0
3 years ago
During its first year of operations, Nive reported a net operating loss of $15 million for financial reporting and tax purposes.
GaryK [48]

Answer:

Dr Deferred Tax Liability $3,750,000

Cr Income Tax Benefit-Operating Loss $3,750,000

Explanation:

Based on the information given we were told that net operating loss of the amount of $15 million was reported for financial reporting and tax purposes in which the tax rate is 25%. Therefore the journal entry to recognize the income tax benefit of the net operating loss will be :

Dr Deferred Tax Liability $3,750,000

Cr Income Tax Benefit-Operating Loss $3,750,000

($15 million *25%)

6 0
3 years ago
Describe marketing functions and related activities.
nignag [31]

The 7 functions of marketing are promotion, selling, product/service management, marketing information management, pricing, financing and distribution. Understanding the core functions of marketing can help you better focus your efforts and strategies to support your business.

4 0
2 years ago
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