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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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Answer:

elastic.

Explanation:

The advertising elasticity of demand measures how sensitive a market and sales are to marketing expenses. Advertising elasticity is calculated by dividing the change in quantity demanded by the percentage change in advertising expenses. Generally products with low advertising elasticity tend to have elastic demands.

8 0
3 years ago
Work performance information and cost forecasts are main outputs of which process
Dovator [93]

Work performance information and cost forecasts are the main outputs of cost control.

<h3 /><h3>What is cost control?</h3>

It is the set of practices that assist in the control and organization of financial resources, in order to establish a budget that is a useful tool for greater understanding of income and expenses and greater coordination of the correct allocation of finances to fulfill your needs and for the achievement of objectives and goals.

In a company, cost control will help in effective positioning in the short and long term, helping to correctly understand the company's financial situation in a period, in addition to helping in the forecast of costs, expectations and planning as a whole.

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3 0
2 years ago
Bank A offers to lend you money at 10 percent compounded monthly, Bank B at 11 percent compounded quarterly, and Bank C at 12 pe
ahrayia [7]

Answer and Explanation:

The computation is given below:

For Bank A,

Effective annual rate is

= (1 + 0.10 ÷ 12)^12 - 1

= 10.47%

For Bank B,

Effective annual rate is

= (1 + 0.11 ÷ 4)^4 - 1

= 11.46%

And,

For Bank C,

Effective annual rate = 12%

Therefore, Bank A is best to borrow at lowest effective annual rate

8 0
3 years ago
Based on the spreadsheet below, which of the following is a true statement? a. The net cash flow is negative. b. The net cash fl
Afina-wow [57]

Answer:

c. The net cash flow is positive.

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A net positive balance occurs when the total cash inflow exceeds total cash outflows.  Inflow is cash coming in, while outflow is cash leaving the business. In a business, sales represent cash inflows, while expenditure represents cash outflows.

In this case, the sales total to $1,600 while expenses are $1,490. The net cash flow is the difference between the inflows and the outflows. Here, the difference is a positive $110.

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3 years ago
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Josh separated people who wanted a high quality lawn mower from people who wanted a low priced lawn mower, then saw if different
Vsevolod [243]

Answer:

The correct answer is letter "D": behavioral.

Explanation:

In market segmentation, classifying customers by behavior implies analyzing their consumption patterns to find out what type of product they are likely to buy under what conditions. This research allows companies to know what each type of client is looking for so the corporation can dedicate a tailored item for each market sector. By doing so, the firm increases its opportunities to generate more sales.

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3 years ago
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