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evablogger [386]
3 years ago
7

If a question on a job application does not pertain to you in any way, simply write

Business
1 answer:
Rudik [331]3 years ago
3 0

Answer:

Talking to the wrong dude

Explanation:

Talking to the wrong dude cause dont pertain to you

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Valport Valve Company manufactured 7,800 units during March of a control valve used by milk processors in its Shreveport plant.
grandymaker [24]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Production= 7,800 units

Direct labor 40,200 hr. at $14.60

Direct material purchased 30,000 lb. at $3.00

Direct material used 22,100 lb.

The control valve has the following standard prime costs.

Direct material: 3 lb. at $2.90 per lb. $ 8.70

Direct labor: 5 hr. at $15.10 per hr. 75.50

Standard prime cost per unit $ 84.20

1) Standard production costs:

Direct material= 8.7*7,800= 67,860

Direct labor= 75.5*7,800= 588,900

Total porduction cost= $656,760

2<u>) We need to use the following formulas to calculate the direct material and direct labor variances:</u>

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (2.9 - 3)*30,000

Direct material price variance= $3,000 unfavorable

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (3*7,800 - 22,100)*15.1

Direct material quantity variance=  (23,400 - 22,100)*2.9

Direct material quantity variance= $3,770 favorable

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Direct labor time (efficiency) variance= (5*7,800 - 40,200)*15.1

Direct labor time (efficiency) variance= $18,120 unfavorable

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Direct labor rate variance= (15.1 - 14.6)*40,200

Direct labor rate variance= $20,100 favorable

4 0
3 years ago
​"The Lucas critique by itself casts doubt on the ability of discretionary stabilization policy to be​ beneficial." Is this stat
Helen [10]

Answer: True

Explanation:

The Lucas critique points out that expectation has effects on how policy affects inflation and output which makes creating beneficial policy difficult.

6 0
2 years ago
Protect provides house-sitting for people while they are away on vacation. Some of its customers pay immediately after the job i
Alona [7]

Answer:

a. $500

b. $1,700

Explanation:

In the cash basis system of accounting, revenue is recognized once cash has been collected while under accrual basis, revenue is collected once it is earned irrespective of whether cash has been collected or not.

Expenses are recorded when cash is paid in the cash basis system while expenses are recorded once it is incurred under the accrual system of accounting.

Hence

Cash basis - revenue earned is $500 for the year

Accrual basis - revenue earned is $1700 ( the sum of the amount paid and owed by the customer).

3 0
3 years ago
A company's ____________ is the percentage of the total target market for the product that belongs to the company.
Goshia [24]

Answer:

B. I believe.............

4 0
2 years ago
Read 2 more answers
The results of market research are used to identify the _______<br> for a product
bagirrra123 [75]
I believe Target Marketing is your answer
8 0
3 years ago
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