All categories

2 years ago

When standard direct labor hours differ from actual direct labor hours used, the company experienced a(n):

Business

1 answer:

omeli [17]2 years ago

6 0

Answer:

efficiency variance

Explanation:

When standard direct labor hours differ from actual direct labor hours used, the company experienced an "efficiency varaiance". It can be used in order to analyze how effective an operation is in relation to labor, materials, machine time and other production factors.

Efficiency variance is actually the difference which exists between the theoretical amount of inputs which are needed to produce an output and the actual number of inputs which are required to manufacture the unit of output.

You might be interested in

Which of the following factors has the greatest impact in calculating FICO scores? Select one of the options below as your answe

SSSSS [86.1K]

The right answer for the question that is being asked and shown above is that: "c. length of credit history." the factor that has the greatest impact in calculating FICO scores is that c. length of credit history<span>
</span>

4 0

2 years ago

A $1,000 face value bond has a coupon rate of 7 percent, a market price of $989.40, and 10 years left to maturity. Interest is p

dlinn [17]

Answer:

4.95%

Explanation:

For computing the yield to maturity when expressed in real terms, first we have to find out the yield to maturity by applying the RATE formula that is shown in the attachment

Given that,

Present value = $989.40

Future value or Face value = $1,000

PMT = 1,000 × 7% ÷ 2 = $35

NPER = 10 years × 2 = 20 years

The formula is shown below:

= Rate(NPER;PMT;-PV;FV;type)

The present value come in negative

So, after solving this, the yield to maturity is 7.15%

Now in real terms, it would be

= 7.15% - 2.2%

= 4.95%

7 0

2 years ago

Why do large media companies have so much control

gtnhenbr [62]

Answer: Big Tech companies thrive on consumer data.

Explanation: So you can limit there power by imposing

6 0

1 year ago

A major lottery advertises that it pays the winner $10 million. However, this prize money is paid at the rate of $ 500,000 each

My name is Ann [436]

Answer:

We have to discount these payments to find the present value

500,000

500,000/1.1

500,000/1.1^2

500,000/1.1^3

We keep on doing this until we reach 500,000/1.1^19

After that we add all the payments and get the value. A less time consuming way of doing it is using a financial calculator

Pv=?

N=19

FV=0

PMT=500,000

=4,182,460.05 we add 500,000 to this because the first payment was not discounted=4,682,460.05= Present Value.

Explanation:

8 0

2 years ago

6) If a security pays $55 in one year and $133 in three years, its present value is $150 if the interest rate is A) 5 percent. B

mrs_skeptik [129]

Your answer would be 10%

7 0

2 years ago