Answer:
Variable overhead efficiency variance= $558 favorable
Explanation:
Giving the following information:
Variable overhead 0.60 hours $ 3.10 per hour
Actual output 4,100 units
Actual direct labor-hours 2,280 hours
<u>To calculate the variable overhead efficiency variance, we need to use the following formula:</u>
Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate
Variable overhead efficiency variance= (0.6*4,100 - 2,280)*3.10
Variable overhead efficiency variance= $558 favorable
Answer: Mission Statement.
Explanation:
A mission statement of an organization is a summary of what the business stands for, what makes the organization special and the customers the organization is targeting to reach out to. In a mission statement the geographical location, workers and owners welfare is considered.
Answer:
The $125 income from the new job - relevant (A)
The $40 income from the library - irrelevant (B)
The $50 nonrefundable registration fee Isabella paid for the basket-weaving class - irrelevant (C)
The $15 cost for gas - relevant (D)
The $75 per month that Isabella spends for clothing and The time Isabella spends volunteering at the animal sanctuary. - Irrelevant (E)
Explanation:
(A) the income from the new job is relevant. It is the wages she will receive per week
(B) the library is irrelevant as it would not have to leave this job
(C) that is a sunk cost. Is irrelevant for the decision making
(D) the gas is a variable cost related to the job offer. It is relevant
(E) the consumer preferences are not relevant for their decision on the job offer. Also their volunteering is irrelevant. Is not related to the job
