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allochka39001 [22]
3 years ago
15

Sanchez Company's output for the current period was assigned a $419,000 standard direct labor cost. The direct labor variances i

ncluded a $10,475 unfavorable direct labor rate variance and a $4,190 favorable direct labor efficiency variance. What is the actual total direct labor cost for the current period?
Business
1 answer:
skad [1K]3 years ago
3 0

Answer:

the actual total direct labor cost for the current period is $425,285

Explanation:

<u>Reconciling Standard Cost to Actual Cost</u>

Standard Cost                                                          $419,000

<em>Add</em> Unfavorable direct labor rate variance             $10,475

<em>Less</em> Favorable direct labor efficiency variance       ($4,190)

Actual Cost                                                               $425,285

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You have just started a new web-based business, and now you realize that if you want your company to succeed, you will have to c
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  • Hire only recognized experts, and don’t hire anyone who is <u>eccentric</u>.
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Explanation:

<u>Creativity </u>is fundamental to the success of any business and today, more than ever, it is key to the survival of companies. <u>Managers can stimulate</u> creativity in all areas of their company and use it to <em>turn ideas into innovations</em> that give the business a competitive advantage. Here are some examples :

  • Focus creativity. (Creativity must focus on the most pressing challenges and problems facing the organization and is stimulated more the greater the number of restrictions we have).
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  • Train in tools for thinking differently.

Is important to listen to all ideas even the most craziest ones can log out from the usually and became a good tool for the company, that is why also eccentric kind of people must be hired to work on creative products.

4 0
3 years ago
g The perfectly competitive firm's supply curve: Group of answer choices coincides with its perfectly elastic demand curve. is t
natulia [17]

Answer:

is the firm's marginal cost curve above the minimum point on the AVC curve.

Explanation:

In a perfect competition, there are many buyers and sellers of homogeneous products, and there is free entry and exit in the market.

This simply means that, in a perfectly competitive market, there are many buyers and sellers (price takers) of homogeneous products (standardized products with substitute) and the market is free (practically open) to all individuals or business entities that are willing to trade all their goods and services.

Generally, a perfectly competitive market is characterized by the following features;

1. Perfect information.

2. No barriers, it is typically free.

3. Equilibrium price and quantity.

4. Many buyers and sellers.

5. Homogeneous products.

Examples of a perfectly competitive market are the Agricultural sector, e-commerce and the foreign exchange market.

In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.

The law of supply states that the higher the price of goods and services, the lower the supply.

An aggregate supply curve gives the relationship between the aggregate price level for goods or services and the quantity of aggregate output supplied in an economy at a specific period of time.

Aggregate supply (AS) refers to the total quantity of output (goods and services) that firms are willing to produce and sell at a given price in an economy at a particular period of time.

Hence, a perfectly competitive firm's supply curve is the firm's marginal cost (MC) curve above the minimum point on the average variable cost (AVC) curve.

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2 years ago
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7 0
3 years ago
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Answer:

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Explanation:

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Current yield is

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