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Dmitry_Shevchenko [17]
3 years ago
14

The following data relate to labor cost for production of 22,000 cellular telephones:

Business
1 answer:
Anuta_ua [19.1K]3 years ago
5 0

Answer:

Results are below.

Explanation:

Giving the following information:

Production= 22,000 units

Actual: 4,220 hrs. at $44.50

Standard: 4,160 hrs. at $46.00

<u>To calculate the direct labor time and rate variance, we need to use the following formula:</u>

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

Direct labor time (efficiency) variance= (4,160 - 4,220)*46

Direct labor time (efficiency) variance= $2,760 unfavorable

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

Direct labor rate variance= (46 - 44.5)*4,220

Direct labor rate variance= $6,330 favorable

Total variance= 6,330 - 2,760

Total variance= $3,570 favorable

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The demand for pizza increases because In this task, we need to explain whether the demand for student employees would increase, decrease or remain constant in different scenarios.

Demand for labor is the total demand for working hours (workers) that is derived from the demand of a firm's total output.

Cost of employees increases because the minimum wage rises

Therefore, when the minimum wage for student employees increases, the marginal cost of labor increases.

<u>Therefore, the </u><u>demand </u><u>for student employees would decrease.</u>

<h3>what is Demand ?</h3>
  • Demand refers to the consumer's desire to purchase a particular product or service.
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  • Aggregate demand refers to the overall demand for goods and services in any economy.
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to learn more about Demand  from the given link :

brainly.com/question/14456267

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4 0
1 year ago
____ is the process of managing operations control, resource acquisition and purchasing, and inventory to improve overall effici
kramer

Answer:

A) Supply-chain management

Explanation:

Supply chain management is defined as set of activities aimed at transforming raw materials into.final product for the consumer.

A main focus of supply chain management is efficiency of supply side activities resulting in processes that are as economical as possible.

Activities such as operations control, product development, information systems, resource acquisition and purchasing, and inventory are under supply chain management

6 0
2 years ago
If quantity demanded exceeds quantity supplied, what most likely needs to happen to achieve equilibrium?
Jlenok [28]

Answer:

The correct answer would be option C, The price needs to increase.

Explanation:

In order to maintain a balance or equilibrium, there should always be a balance between the quantity demanded and the quantity supplied. If quantity demanded exceeds quantity supplied, it means people are demanding the product more and the supply of that product is not meeting the demand. In this scenario when there is more demand of a product than supply, the price of the product should increase in order to create a balance between the quantity demanded and supplied, because it is the law of demand that when demand increases, the prices of the product also increases and vice versa. So to maintain the equilibrium, the price of the product should increase. In this way demand will decrease and will reach a point where demand will meet the supply of the product.

5 0
3 years ago
Santoyo Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below:
GrogVix [38]

Answer:

Santoyo Corporation

Tracking Time to Fill Orders:

The delivery cycle time was 25 hours.

Explanation:

The delivery cycle time sums the time occasioned by the supply delay and the reordering delay before the goods reach the customer.  As an order is received by Santoyo Corporation there is usually a wait time of half a day or 12.5 hours.  The processing of the order consumes 1.6 hours.  Before delivery is made, the inspectors spend 0.8 hours or 48 minutes doing what they know best.  Then, freight takes 4.2 hours for the delivery van to reach the customer's warehouse.  At that point, another 5.9 hours are spent queueing for the receipt of the goods by the customer.

8 0
3 years ago
One advantage of countercultures is that they:_____.
Yuki888 [10]

Answer:

c. maintain surveillance over and critically review the company's dominant culture.

Explanation:

Counterculture is a sociopolitical term that represent the dissent point lies between the dominant and alternative value system in order to develop the collective voice for considering the minority

Also the employees who have the counter culture belief so it shows the goods source for checking out over and above to the dominant one

Therefore the option c is correct

7 0
3 years ago
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