Answer:
Labor Efficiency Variance = $12,480 Unfavorable
Explanation:
Labor Efficiency variance calculates the capacity utilization of labor.
Formula for Labor Efficiency Variance = ( Standard Labor Hours - Actual Hours) Standard Rate
Standard Labor hours for actual output = 10,000 units 2 hours = 20,000 hours
Standard Rate = $12.00
Actual Hours = 21,040 hours
Therefore, Labor Efficiency Variance = (20,000 - 21,040) $12
= - $12,480
Since the value is negative it is unfavorable as actual hours is more than standard hours.
Answer:
the value of the stock as on Feb 4 is $15,920
Explanation:
The computation of the value of the stock as on Feb 4 is shown below:
The New stock price is
= $82.75 per share - $3.15 per share
= $79.60 per share
Now the value of the stock would be
= Number of shares of stocked owned × new stock price
= 200 shares × $79.60 per share
= $15,920
Hence, the value of the stock as on Feb 4 is $15,920
Answer:
100%
Explanation:
the money would decrease to 4500$ and the ratio of 500 is 10% so its maximum would be 100% that is 10000$
Answer:
Ans. The expected rate of return on the Inferior Goods Co. stock is 5.90%
Explanation:
Hi, you just have to multiply the expected earnings by the probability of occurance of a certain event and then add up all the products. Here is the information all organized to be processed.
Item Prob Earn
Booming 20% -6%
Normal 55% 7%
Recession 25% 13%
Ok, now let´s calculate the expected rate of return.
So the expected rate of return of the stock is 5.90%
Best of luck.