1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ierofanga [76]
2 years ago
6

A group of workers normally consists of 60 men, 30 women and 20 boys. They are paid at standard hourly rates as under:

Business
1 answer:
dexar [7]2 years ago
5 0
  1. Labour cost variance =  R.s 33,000 (F)
  2. Labour rate variance = R.s 33000 (F)
  3. Labour efficiency variance = 0

Given:

Standard Number of men = 60

Standard Number of women = 30

Standard Number of boys = 20

Standard hour rate for men = R.s 280

Standard hour rate for women = R.s 160

Standard hour rate for boys = R.s 140

Weekly working hour = 40 hours

Expected unit = 5,000 units

Number of men in march week = 70

Number of women in march week = 25

Number of boy in march week = 25

Actual wage for men = R.s 270

Actual wage for women = R.s 165

Actual wage for boys = R.s 130

Actual units = 4,500 units

Find:

  1. Labour cost variance
  2. Labour rate variance
  3. Labour efficiency variance

Computation:

Labour cost variance = [SC for AO] - AC

Labour cost variance =  [( 70 × 280) + (25 × 160) + (25 × 140)] - [(70 × 270) + (25 × 165) + (25 × 130)] × 40  

Labour cost variance = (27,100 - 26,275 ) × 40

Labour cost variance =  R.s 33,000 (F)  

Labour rate variance = (SR - AR) × AH worked

Labour rate variance = [(280 - 270)70 + (160 - 165)25 + (140 - 130)25]40

Labour rate variance = [700 - 125 + 250]40

Labour rate variance = [825]40

Labour rate variance = R.s 33000 (F)

Labour efficiency variance = (SH allowed - AH worked)SR

Labour efficiency variance = (0 - 0)SR

Labour efficiency variance = 0

Learn more;

brainly.com/question/22856853?referrer=searchResults

You might be interested in
At the end of the current year​ (before adjusting​ entries), Summer Corporation had a balance of $ 88 comma 000 in Accounts Rece
Umnica [9.8K]

Answer:

1. Using the​ percent-of-sales method, calculate the amount of​ Uncollectible-Account Expense if Summer Corporation estimates its​ uncollectible-account expense using a rate of 3​% of credit sales. What is the ending balance of the Allowance for Uncollectible Accounts under this​ scenario?

14100

Summer Corporation has $ of uncollectible-account expense using the percent-of-sales method.  

3100

Calculate the amount of its​ Uncollectible-Account Expense. What is the ending balance of the Allowance for Uncollectible Accounts under this​ scenario?

15000

The ending balance of the Allowance for Uncollectible Accounts is $ under this scenario.

Dont have enough information.

Explanation:

Account receivable 88000

Allowance for uncollectible -11000

 

Service revenue 470000

 

Estimate uncollectible 3%

Ending balance of the allowance 14100  

Expense 3100

 

Allowance for Uncollectible 26000

Uncollectible expense account 15000

5 0
3 years ago
High school is referred to as _____ education.
Vanyuwa [196]

Answer:

secondary

Explanation:

as 10 class is rrferred to as secondary education

plz folliw me

3 0
3 years ago
Read 2 more answers
Which of the following is excluded from calculations of GDP?
Vinil7 [7]

Answer: All of the above.

Explanation: None of the listed options would be included when calculating the gross domestic product of a country. This is so because gross domestic product only calculates the total value of commodities/services produced by a country during a fixed time frame.

8 0
2 years ago
What is it meant by economies of scale?
joja [24]
Economies of scale refers to the cost advantage that emerges or become visible with higher or improved output of a product. There is an inverse relationship between the quantity proposed and per unit fixed costs therefore, if the product or good is produced in large or high quanity the per unit fixed cost goes down because it can already be shared with other large number of goods. There are two types of economics of sale, the internal and of course the external.
8 0
3 years ago
Some fast-food restaurants offer tasty and convenient food at affordable prices, but in doing so they contribute to a national o
Andrej [43]

Answer:

b. societal marketing concept

Explanation:

Societal marketing concept -

It refers to the marketing concept in the society , where the welfare of the human beings is considered to as the most important aspect .

In this practice , the social responsibility like any health issue , social issue is the top most priority .

The practice require making good marketing decision which are in favour of the consumers , and helps the company and the humans in the long term way .

Hence , from the given scenario of the question ,

The correct answer is b. societal marketing concept  .

8 0
3 years ago
Other questions:
  • A sound allocation system should: be cheap and easy to administer provide incentives for cost control charge in proportion to am
    10·1 answer
  • Suppose the equilibrium price of a physical examination ("physical") by a doctor is $200, and the government imposes a price cei
    6·2 answers
  • Which of the following actions by a corporation would enjoy full First Amendment protection (i.e., could not be regulated)? a. a
    13·1 answer
  • A nation practicing mercantilism aims to
    10·1 answer
  • Which of the following is a characteristic protected by anti-discrimination laws?
    8·2 answers
  • By purchasing stock, you then become part owner of the company.<br><br> True <br> False
    11·1 answer
  • If the returns on a stock index can be characterized by a normal distribution with mean 12% and standard deviation of 3%, the pr
    11·1 answer
  • A food service operation that is concerned with sourcing asks suppliers detailed questions about _____ the food is produced. A.
    7·2 answers
  • Consider a U.S. importer desiring to purchase merchandise from a Dutch exporter invoiced in euros, at a cost of €512,100. The U.
    5·1 answer
  • MasterCard managers are motivated to increase (1) the number of individuals who have and use a MasterCard credit card, (2) the n
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!