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alexdok [17]
3 years ago
9

Sanchez Company's output for the current period was assigned a $400,000 standard direct labor cost. The direct labor variances i

ncluded a $10,000 unfavorable direct labor rate variance and a $4,000 favorable direct labor efficiency variance. What is the actual total direct labor cost for the current period
Business
1 answer:
o-na [289]3 years ago
5 0

Answer:

$406,000

Explanation:

Calculation to determine the actual total direct labor cost for the current period

Using this formula

Actual direct labor cost=Standard direct labor cost + unfavorable rate variance - favorable efficiency variance

Let plug in the formula

Actual direct labor cost=$400,000 + $10,000 - $4,000

Actual direct labor cost= $406,000

Therefore the actual total direct labor cost for the current period is $406,000

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Kleister Company issues bonds for $100 million and repays a long-term notes payable of $10 million. The company also repurchases
solong [7]

Answer:

TRUE

Explanation:

Kleister Company:

1. Issues bonds for $100 million - INFLOW

2. Repays a long-term notes payable of $10 million. - OUTFLOW

3. The company also repurchases its own shares for $12 million - OUTFLOW

4. Issues stock dividends with a market value of $5 million. - NOT A CASH FLOW

It is therefore true that Net cash flow from financing activities will be: $78 million [100 million - 10 million - 12 million] since the dividends are stock dividends not cash dividends

4 0
3 years ago
Welfare economics is the study of a. taxes and subsidies. b. how technology is best put to use in the production of goods and se
const2013 [10]

Answer:

The answer is b) how technology is best used in the production of goods and services

Explanation:

The concept of welfare economics is used in the context of the Economy and public finances. It is defined as the branch of the economy that tries to determine the conditions that are needed to reach the maximum of social welfare. For this, the conditions are established to maximize production with a given amount of resources and optimization of the distribution of goods and services, analyzing the policies pursued in the achievement of goals that are considered desirable from the point of view of well-being.

7 0
3 years ago
What do you mean by modern technology?
KonstantinChe [14]
Modern technology is simply an advancement of old technology, the impact of technology in modern life is unmeasurable, we use technology in different ways and sometimes the way we implement various technologies ends up harming our lives or the society we leave in.
3 0
3 years ago
The difference between average annual returns on common stocks and returns on long-term government bonds is called a:___________
Anestetic [448]

Answer:

Market risk premium.

Explanation:

The difference between average annual returns on common stocks and returns on long-term government bonds is called a market risk premium.

Basically, market risk premium is typically determined by taking the slope of a security market line (SML); which is used by economist as a graphical representation of the capital asset pricing model (CAPM).

Market premium risk is used to determine the quantitative measure of the extra return demanded by market participants for the increased risk.

3 0
3 years ago
Trading in company stocks> interest income only
Sphinxa [80]

Based on the merits and demerits of stocks and interest incomes, it is false to say that one is better than the other.

<h3>Which is better between interest income and stocks?</h3><h3 />

Interest income is more appealing to certain people such as those who don't want to incur a lot of risk because interest-based investments such as bonds are generally safer.

Stocks are appealing to people who don't mind higher levels of risk as stock returns are generally riskier.

These two things are therefore subjectively better depending on the risk tolerance of the investor.

Complete question:

Trading in company stocks> interest income only

True or False.

Find out more on risk tolerance at brainly.com/question/26507665.

#SPJ1

7 0
1 year ago
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