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Oxana [17]
3 years ago
6

Carnival Enterprises produced 8,000 completed units of a product. According to manufacturing specifications, standard hours for

each unit is equal to 2 hours. The company's actual total labor cost amounted to $200,600 for 17000 direct labors actually used. If the standard labor cost per hour is $12, Carnival's labor rate variance is: A. $2,000F B. $2,000UF C. $3,400F D. $3,400UF
Business
1 answer:
puteri [66]3 years ago
6 0

Answer:

C. $3,400 F

Explanation:

The computation of the direct labor rate variance is shown below:

Direct Labor Rate Variance  

= (Standard rate - Actual rate) × Actual hours

= ($12 - $200,600 ÷ 17,000 labor hours) × 17,000 direct labor hours

= ($12 - $11.8) × 17,000 direct labor hours

= $3,400 favorable  

Since standard cost is more than the actual cost which leads to favorable balance

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Assuming the firm has 100 shares outstanding and debt with a face value of $50 due at the end of the period. The share price of the firm is $0.95.

<h3>Share price</h3>

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Learn more about share price here:brainly.com/question/1166179

8 0
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Answer:

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3 years ago
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saul85 [17]

Answer:

The correct answer is letter "D": other things remaining the​ same; higher; lower..

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3 years ago
Read 2 more answers
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