1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
agasfer [191]
2 years ago
10

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
Describe the purpose of the SEC.
r-ruslan [8.4K]

the role of the SEC is to Protect investors. Maintain fair, orderly, and efficient markets.

5 0
2 years ago
What is the present value of $1,400 a year at a discount rate of 8 percent if the first payment is received 7 years from now and
valentinak56 [21]

Answer:

Present Value = $9,417.69  (Approx)

Explanation:

Given:

Annual payment = $1,400

Total payments = 25

Rate = 8% = 0.08

Computation:

First payment [7 years from now ]

So,

Present Value = $1,400(1/1.08⁶)[1 - (1/1.08)²⁵] / 0.08

Present Value = $1,400[6.72692]

Present Value = $9,417.69  (Approx)

5 0
2 years ago
When a real estate agent says the three most important factors when buying a property are “location, location, location,” the ag
Lorico [155]

<u>Answer:</u>

The correct answer for this is 'non price competition'.

<u>Explanation:</u>

When a real estate agent says the three most important factors when buying a property are “location, location, location,” the agent is referring to one of the forms of non price competition.

Non-price competition is a type of competition where two or more than two producers use factors like customer service, packaging or delivery rather than the price to increase the demand of the product or service.

Here, location is used as a non-price competition to increase the demand.

3 0
3 years ago
Read 2 more answers
What is an example of a flame?
nasty-shy [4]

Answer:

Fire

Explanation:

Class A fires are defined as ordinary combustibles. These types are fires use commonly flammable material as their fuel source. Wood, fabric, paper, trash ,and plastics are common sources of Class A fires. ... Trash fires are one such example.

4 0
3 years ago
Read 2 more answers
Which factors can affect a stock's price? Check all that apply.
Tanya [424]
I have no idea haha but how’s your guys day going
8 0
2 years ago
Other questions:
  • Darlington Inc., permits any of its employees to buy shares directly from the company. There are no brokerage fees and shares ca
    14·2 answers
  • On October 1, Year 1, Jason Company paid $7,200 to lease office space for one year beginning immediately. What is the amount of
    5·1 answer
  • The following is a listing of some of the balance sheet accounts and all of the income statement accounts for Orange Company as
    5·1 answer
  • An auto parts shop carries an oil filter for trucks. The annual demand for the oil filter is roughly 1200 units. The ordering co
    13·1 answer
  • List the steps in the PACED decision-making process.
    6·2 answers
  • Which amendment to the United States Constitution provides that all powers that the Constitution neither gives exclusively to th
    12·1 answer
  • Some of the transactions of Torres Company during August are listed below. Torres uses the periodic inventory method.
    10·1 answer
  • 3. When Wassily Leontief tested the predictions of the Heckscher-Ohlin theory, he found that in 1947 the United States was expor
    12·1 answer
  • ___refers to an environment in which cultural, group, and individual differences are acknowledged, accepted, and viewed as signi
    15·1 answer
  • What is supply and demand?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!