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Otrada [13]
3 years ago
13

The manager provided the following information. Direct manufacturing labor hours: 2,400 hours Actual units produced: 12,000 unit

s Budgeted direct manufacturing labor hours: 0.22 hour/unit Budgeted direct manufacturing labor rate: $24 per hour Actual direct manufacturing labor rate: $25 per hour Compute the direct manufacturing labor efficiency variance.
Business
1 answer:
Naya [18.7K]3 years ago
7 0

Answer:

Labor efficiency variance = $5,760 (Favorable)

Explanation:

We know,

Labor efficiency variance = (Standard hour - Accrual hour) × Standard rate

Given,

Accrual hour = 2,400

Standard hour = Budgeted direct manufacturing labor hours × Actual units produced

or, Standard hour = 0.22 × 12,000

Standard hour = 2,640 hours.

Standard rate = $24.

Putting the values into the formula, we can get

Labor efficiency variance = (2,640 - 2,400) hours × $24

Labor efficiency variance = 240 × $24

Labor efficiency variance = $5,760 (Favorable)

As standard hours is higher then actual hours, it is a favorable situation.

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Answer:

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Explanation:

Giving the following information:

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Interest rate= 6​% compounded annually

The number of years= 3 years.

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3 0
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Answer:

Split-off point:

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Separable costs. Some joint products which emerge from joint process can be sold at the split-off point or some products can be put to further processing.

Compute the profit or loss from the three products as shown below'

Description                                                              A               B               C

Selling price after further processing                    20              13              32

Selling price at the split off point                            16               8        25

Incremental revenue per pound or gallon             4               5         7

Total quarterly output in pounds or gallons     $15,000    $20,000    $4,000

Total incremental revenue                              $60,000   $100,000  $28,000

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Total incremental profit or (loss)                       ($3,000) $20,000  ($8,000)

Therefore the products A and C are need to be sold at the split off point and he product B should be processed further to earn good profits.  

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Answer:

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Piazza can sue for compensatory damages including pain and suffering, medical bills and lost wages.

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Answer:

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