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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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What is cost Price formulas​
gavmur [86]

Answer:

Cost price formula = Cost + Profit

Explanation:

The Cost price formulas count two factors the gives price of product and services. The cost price formula has two factors cost of product and profit percentage that seller want to generate from specific product or services.

5 0
3 years ago
If the price level increases by 0.2 percent for every $100 billion increase in the money supply, by how much might prices rise i
Gala2k [10]

Answer:

3%

Explanation:

Increase in money supply ($ billion) = Increase in reserves / Reserve ratio

Increase in money supply ($ billion) = 150 / 0.1

Increase in money supply ($ billion) = 1,500

Increase in price level = (Increase in money supply / 100) * 0.2

Increase in price level = (1,500/100) * 0.2

Increase in price level = 3%

8 0
3 years ago
In response to dwindling sales of organic meats, Hain Celestial executives decided to promote the sale of organically grown nuts
3241004551 [841]

Answer:

Product substitute

Explanation:

Product substitute is defined as one that meets similar needs of the consumer. As demand for one of such goods rises the demand of the other tends to fall as the meet similar needs.

In the given scenario organic meats are seen as being substituted by organically grown nuts as a source of protein.

So when Hain Celestial has dwindling sales of organic meats they were considering organically grown nuts as a different product to give to customers

3 0
3 years ago
Is 40 a prime number​
Nat2105 [25]

Answer: No, 40 is a composite number. :)

Explanation:

8 0
3 years ago
Sustainable development refers to A. placing restraints on a company's growth until all ancillary support services are in place
Semmy [17]

Answer:

The correct answer is letter "C": conducting business in a way that protects the natural environment while making economic progress.

Explanation:

Sustainable development is the capacity an institution has to satisfy individuals' needs without damaging the environment neither harming the atmosphere. To reach this stage there must be an equilibrium between the <em>economy, society, </em>and <em>the environment.</em> Sustainable development is difficult to be obtained with high poverty rates, habitats destruction, or indiscriminately resources exploitation.

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3 years ago
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