Answer:
1. Actual Hour = 145 hour
2. Actual rate per hour = 28.17 per hour
Explanation:
According to the scenario, computation of the given data are as follow:-
1). Labor Efficiency Variance= Labor Rate Variance + Labor Spending Variance
= 170 + 120
= 290
Labor Efficiency Variance = Standard Rate × (Standard Hour - Actual Hour)
-290 = 29 × (54 × 2.5-X)
-290 = 29 × (135 - X)
-290 = 3,915 - 29x
29x = 4,205
X = 4205 ÷ 29 = 145
Actual Hour = 145 hour
2). Labor Rate Variance = Actual Hour × (Standard Rate-Actual Rate)
120 = 145(29-x)
120 = 4,205-145x
145x = 4,085
X= 4,085 ÷ 145
Actual rate per hour = 28.17 per hour
Mandatory spending is something that either has, or is strongly urged to be done. Discretionary spending is based on the spenders discretion, if the spender thinks it needs to be spent, then they would do so. Example of mandatory spending would be paying back a loan. Example of discretionary spending would be a good business investment. Hope this helps!
Answer:
Option (B) is correct.
Explanation:
An import quota is defined as the restriction on the imports from the other nations. It is the direct restriction on the quantity of goods imported from the other countries. This restriction takes place to protect the domestic producers of the home nation from the foreign competition.
For example: The united states wants to import 50,000 cars from Japan but there is an import quota of 40,000 cars. So, the consumers in the United States won't be able to import remaining 10,000 cars.
Answer:
formatting or editing because that is where you can change how something is placed or appears in the document.
Answer: Proper decision making
Explanation: Information is key factor when a business manager needs to make proper decisions.
The manager needs to get all the available charts, analysis, projections about a particular business to be taken. Poor information would increase the likelihood of business failure.
