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Colt1911 [192]
3 years ago
14

Mochel Company employs a standard cost system in which direct materials inventory is carried at standard cost. The company has e

stablished the following standard for the direct labor costs of one unit of product:
Standard Hours Standard Rate Standard Cost
1.3 hours $23.00/hour $29.90

The total factory wages for June were $1,316,000, 80 percent of which were for direct labor. The company manufactured 35,000 units of product during June using 44,800 direct labor hours.The direct labor efficiency variance for June is: __________
Business
1 answer:
oee [108]3 years ago
3 0

Answer:

$16,100 favorable

Explanation:

The computation of the direct labor efficiency variance for June is shown below:

= Standard rate × (standard hours - actual hours)

= $23 × (1.3 × 35,000 - 44,800)

= $16,100 favorable

hence, the direct labor efficiency variance for June is $16,100 favorable

The same should be considered and relevant

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Johnson, Inc. a builder enters into an agreement to construct a commercial building in a residential area in violation of zoning
lubasha [3.4K]

None of the alternatives are correct.

Explanation:

When a builder enters into an agreement to construct a commercial building in the residential areas that violates the laws , as a result the government stops construction. If such a scenario occurs the workers will not be paid as the construction process has stopped, so no productivity will take place and thus the workers will have to face the scenario.

While signing a contract the contractor must have proper knowledge regarding the property. Otherwise the workers will not be able to earn their daily wage.

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3 years ago
A lender estimates that the closing costs on a $165,000 home loan will be $6,187.50. The actual closing costs were 3.5% of the l
Ivanshal [37]
Home loan amount = $165,000

Estimated closing costs = $6,187.50 

% of estimated closing cost = ?

$165,000 * x% = $6,187.50
x% = $6,187.50 ÷ $165,000
x% = 0.0375
x = 0.0375 x 100 = 3.75

Therefore, estimated closing costs = 3.75% of loan amount = 3.75% of $165,000

Actual closing costs = 3.5% of loan amount = 3.5% of $165,000 = $5775

Difference in estimated and actual closing cost percent = 3.75% - 3.5% = 0.25%

The closing costs were lower than the estimate by 0.25%
5 0
3 years ago
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A department manager recently launched a new initiative so the members of her department can more easily present innovative idea
maw [93]

Answer:

all r true

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2 years ago
A product is __________ that can be offered through a voluntary marketing exchange.
Setler79 [48]
anything of value to consumers
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3 years ago
Hello, im stuck. if i could get some ideas for this i will mark you brainliest if i can.
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Answer: so you are giving someone instructions like how to make a sandwich with a lot of detail so someone could do everything you did :)

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