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d1i1m1o1n [39]
3 years ago
13

Delmar Inc. uses a standard cost system. Labor standards are 2.0 hours per widget at $8.80 per hour. During August, Delmar Inc.

paid its workers $147,250 for 16,500 hours. Delmar Inc. produced 8,600 widgets during August. a. Calculate the direct labor rate variance. (Do not round your intermediate calculations. Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (i.e., zero variance).) b. Calculate the direct labor efficiency variance. (Indicate the effect of variance by selecting "Favorable", "Unfavorable", or "None" for no effect (i.e., zero variance).)
Business
1 answer:
zhuklara [117]3 years ago
6 0

Answer:

Instructions are below.

Explanation:

Giving the following information:

Labor standards are 2.0 hours per widget at $8.80 per hour.

During August, Delmar Inc. paid its workers $147,250 for 16,500 hours.

Delmar Inc. produced 8,600 widgets during August

<u>To calculate the direct labor rate and efficiency variance, we need to use the following formulas:</u>

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Direct labor time (efficiency) variance= (8,600*2 - 16,500)*8.8

Direct labor time (efficiency) variance= (17,200 - 16,500)*8.8

Direct labor time (efficiency) variance= $6,160 favorable

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Actual rate= 147,250/16,500= $8.92

Direct labor rate variance= (8.8 - 8.92)16,500

Direct labor rate variance= $1,980 unfavorable

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Answer: yes

Explanation:this is so because When a union wants to unionize a new group of employees, it must first convince at least 30% of the employees to sign authorization cards. If the union successfully does so, the union then submits the cards to the NLRB for certification. If the NLRB certifies that the union has secured cards from 30% of the employees, it orders that a secret ballot election be held where the employees vote on whether to unionize. Typically, about two months pass between the time the NLRB certifies the cards and the time that the election actually takes place. During these two months, the union and the employer actively campaign for or against unionization. At the election, if a majority of employees vote to unionize, then the NLRB recognizes the union as the sole bargaining representative of the employees. The employer is then required by statute to bargain in good faith with the union to negotiate the “first contract” between the employees and the employer. This employment contract determines the terms and conditions for all employees represented by the union.

3 0
3 years ago
What are the major components of a business operating plan?​
Mila [183]

Answer:

capital

investors

knowledge in field

8 0
2 years ago
When the US government becomes aware of economic changes, the discovery is most likely to influence 1. how the nation allocates
snow_tiger [21]

Answer:

1. How the nation allocates resources

Explanation:

Government is the chief decision maker in any economic model because their power enables to allocate nation`s resources among economic unit. As such they keep watch on the economic changes and trends in order to make the best economic decision for the nation. When government becomes aware of economic changes, it will try to allocate resources efficiently and effectively based on signal given by the changes.

For example, if US government is aware that the economy is nearing recession, it will be put in preventive measures to escape the intending recession and make sure it allocates its scarce in efficient way among the economic units by spending more on capital projects, raising social empowerment spending and doing other necessary things.

So the discovery of economic changes will most likely influence how the nation allocates resources.

5 0
3 years ago
Exercise 5-15B Record notes receivable and interest revenue (LO5-7) On March 1, Company A provides legal services to Company B r
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Answer:

March 1: Note acceptance

Debit Note receivable $9,100

Credit Accounts receivable $9,100

<em>(To record note receivable from Company B)</em>

Sept 1: Cash collection

Debit Cash $9,100

Credit Note receivable $9,100

<em>(To record cash collection of note receivable)</em>

Debit Cash $364

Credit Interest receivable $364

<em>(To record cash collection of interest receivable on note)</em>

Explanation:

Note is a promissory note with a written promise made by the borrower to the lender (payee) to pay a certain, definite sum at a specified date.

Interest revenue on the note is calculated as: Principal x Interest Rate x Time

The total interest revenue is $9,100 x 8%/12 x 6 months = $364.

Monthly interest revenue is therefore $364 / 6 months = $60.67.

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Debit Interest receivable $60.67

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6 0
3 years ago
The wall separating Henri from his manager made it hard to hear what his manager was saying. The wall is an example of a(n) ____
aksik [14]

Based on the information given the wall is an example of a(n) physical barrier.

Physical barrier is barrier that block or obstruct the flow of communication thereby making it difficult for the receiver to hear.

Physical barrier can tend to lead to ineffective communication between two or more people due to the disruption of failure in communication that occur as a result of the barrier.

Wall  is an example of physical barrier as they can prevent effective communication thereby by making it hard for the receiver to hear what the sender communicated to him or her.

Inconclusion  the wall is an example of a(n) physical barrier.

Learn more about physical barrier here:brainly.com/question/902393

8 0
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