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Dvinal [7]
3 years ago
7

JavaPro Systems is a​ start-up company that makes connectors for​ high-speed Internet connections. JavaPro Systems has budgeted

three hours of direct labor per​ connector, at a standard cost of $ 14 per hour. During​ August, technicians actually worked 198 hours completing 80 connectors. All 80 connectors actually produced were sold. JavaPro paid the technicians $ 14.80 per hour. What is JavaPro​'s direct labor cost variance for​ August?
Business
1 answer:
Iteru [2.4K]3 years ago
3 0

Answer:

$429.60 Favorable

Explanation:

Provided information,

Standard Hours for each product = 3 hours

Standard Cost per hour = $14.00

Actual hours used = 198

Actual output = 80 connectors

Standard hours for actual output = 80 \times 3 = 240 hours

Actual Rate = $14.80 per hour

Direct labor cost variance = Standard Cost - Actual Cost

Standard Cost = Standard hours \times Standard Rae

= 240 \times $14 = $3,360

Actual Cost = 198 \times $14.80 = $2,930.40

Variance = $3,360 - $2,930.40 = $429.60

Since actual cost is less than standard variance is favorable.

$429.60 Favorable

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Explanation:

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3 0
3 years ago
A ________ is a story of how the firm will create value for customers and, more important, how it will do so profitably.
nata0808 [166]

A business is a story of how the firm will create value for customers and, more important, how it will do so profitably.

<h3>What is a business ?</h3>

Business can be described as the  activity which involves the  making of money through the production  or buying and selling products.

It is  should be noted that it is "any activity or enterprise entered into for profit,  business is a story of how the firm will create value for customers and, more important, how it will do so profitably.

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3 0
2 years ago
Bianca's discount home furnishings store is in a strip mall. She wants to know what other businesses in the strip mall her custo
lesya692 [45]

Answer:

The answer is true

Explanation:

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8 0
3 years ago
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Suppose you worked in the government. A company wants to set up a factory in your country. It would bring jobs, but it would als
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4 0
3 years ago
Norr and Caylor established a partnership on January 1, 2010. Norr invested cash of $100,000 and Caylor invested $30,000 in cash
solmaris [256]

Answer and Explanation:

a. The net income allocated to each partner is shown below:-

                                      Norr               Caylor                Total

Interest                         $12,000         $9,600               $21,600

Compensation             $10,000         $14,000              $24,000

Subtotals                      $22,000        $23,600             $45,600

Allocation of reminder $14,640         $9,760                $24,400

Totals                             $36,640       $33,360             $70,000

b. The balance in both capital accounts is shown below:-

                                                  Norr               Caylor

Beginning capital balances    $100,000       $80,000

Share of income                       $36,640       $33,360

Withdrawals                              ($12,000)      ($12,000)

Ending capital balances         $124,640      $101,360

6 0
3 years ago
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