Answer:
the labor efficiency variance is $35,244 favorable
Explanation:
The computation of the labor efficiency variance is shown below:
As we know that
Efficiency Variance is
= Standard rate × (Standard hours - Actual Hours)
= $13.20 × (9.4 ×1,050 units - 7,200 hours)
= $13.20 × (9,870 hours - 7,200 hours)
= $35,244 favorable
hence, the labor efficiency variance is $35,244 favorable
In order to ship 107520 units, 107520 units need to be picked as well
In the Picking team, 1 worker picks 210 units in 1 hour
So, the number of units picked by 1 worker in a shift of 8 hours = 210 * 8 = 1680 units
So, the number of employees required to be assigned to the Picking team = Quantity to be picked / Number of units picked by 1 worker in a shift of 8 hours = 107520 / 1680 = 64.03571 = 64
The number of employees to be assigned to picking in order to ship a total of 107,520 units for the shift is 64.
The gadgets for measuring periods are millimeter (mm), centimeter (cm), meter (m), and kilometer (km). The devices for measuring weight are kilogram (kg) and gram (g). The gadgets for measuring extent are milliliter (ml) and liter (L).
While the costs or value of manufacturing of an item is divided by means of the quantity, the end result is called a unit fee. Context: The unit price of a set of homogeneous products is the entire fee of the purchases/sales divided with aid of the sum of the quantities.
Learn more about the unit here:
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Answer:
c
Explanation:
not sure but I tried may best tho
Answer:
Since Interest Rate and Period is not given; we would assume the spring term begins in 4 months and
Explanation:
First we will require to use the compound interest formula.
It is not mentioned the compounding period in the question. However, many of the bank accounts today offer monthly compounding, and this will be used as the basis.
i=interest rate=7.62% p.a => 7.62/12=0.635% per month
FV=PV(1+i)^n
FV=future value = 2200
PV=present value, to be found
i=interest rate per compounding period (month)=0.00635
n=number of periods=4
2200=PV(1+0.00635)^4
PV=2200/(1.00635^4)
PV=$2144.99
In case interest is not compounded, we could apply the simple interest formula:
FV=PV(1+ni)
PV=2200/(1+4*0.00635)
PV=$2145.504
