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
podryga [215]
2 years ago
11

The following labor standards have been established for a particular product: Standard labor-hours per unit of output 8.6 hours

Standard labor rate $ 15.80 per hour The following data pertain to operations concerning the product for the last month: Actual hours worked 10,700 hours Actual total labor cost $ 167,455 Actual output 1,500 units What is the labor rate variance for the month
Business
1 answer:
denis-greek [22]2 years ago
8 0

Answer:

the labor rate variance for the month is $1,605 favorable

Explanation:

The computation of the  labor rate variance for the month is shown below:

= Actual labor cost - (standard rate × actual hours)

= $167,455 - ($15.80 × 10,700 hours)

= $167,455 - $169,060

= $1,605 favorable

hence, the labor rate variance for the month is $1,605 favorable

You might be interested in
Data disposal laws require a. businesses to notify individuals who are affected by any incident that results in unauthorized acc
Darina [25.2K]

Answer:

b. businesses to destroy customer data and maintain reasonable security procedures to guard against theft.

Explanation:

A database management system (DBMS) can be defined as a collection of software applications that typically enables computer users to create, store, modify, retrieve and manage data or informations in a database. Generally, it allows computer users to efficiently retrieve and manage their data with an appropriate level of security.

A data dictionary can be defined as a centralized collection of information on a specific data such as attributes, names, fields and definitions that are being used in a computer database system.

In a data dictionary, data elements are combined into records, which are meaningful combinations of data elements that are included in data flows or retained in data stores.

This ultimately implies that, a data dictionary found in a computer database system typically contains the records about all the data elements (objects) such as data relationships with other elements, ownership, type, size, primary keys etc. This records are stored and communicated to other data when required or needed.

A law can be defined as the system of principles, regulations and rules established by legislature, that is adopted in a community, society or country to regulate the actions of its citizens, members or employees.

Thus, law is a tool used by the judiciary, lawyers, individuals, organizations, and even government to ensure everybody is well behaved, non-criminal and civil in their actions. Therefore, a law creates the foundation for ethical behavior and orderliness in a society.

Data disposal laws require businesses to destroy customer data and maintain reasonable security procedures to guard against theft. Thus, any customer data collected by a business firm should be protected securely and discarded when no longer in use.

4 0
2 years ago
A bond with a face value of $1,000 that sells for $1,000 in the market is called a _____ bond.
sleet_krkn [62]
Have any answers to the question
6 0
3 years ago
Read 2 more answers
How will the aggressive e-commerce plan implemented by Walmart affect operations at its retail locations
Lisa [10]

Answer and Explanation:

As we know that Walmart has the biggest size as a strength. Even there is market saturation but still it opened various retail stores. having more than 10,000 stores in international market it seen that there is large amount of profits. Now after implementing the new e-commerce plan the Walmart leave the competition behind as it helped in covering the great amount of customers range due to this it would create a favorable response also it would be helped in online shopping. having e-commerce plan will give the benefit to generate more sales as compared to before

4 0
3 years ago
In a recent annual report, Apple Computer reported the following in one of its disclosure notes: "Warranty Expense: The Company
Bezzdna [24]

Answer: The matching principle

       

Explanation: Matching principle is a combination of accrual accounting and revenue recognition. It states that the expenses of a company must be recorded at the same accounting period in which they were incurred to earn such revenues.

In the given case, Apple is reporting the warranty expenses at the same time period in which the revenue from such expenses is recognized.

Hence we can conclude that the given case illustrates the matching principle.

6 0
3 years ago
The first step in the target marketing process is to develop positioning strategies. determine whether to use a market segmentat
Hunter-Best [27]

Answer:

Identify markets with unfulfilled needs.

Explanation:

The first step in the target marketing process is to identify markets with unfulfilled needs. The organization first needs to study what the customers are looking for. Either they will find a gap and see what need is still unfulfilled or they will create a need.

In either of the cases, they will be looking for chances to make a product that the customers will be tempted to buy, which would lead their sales to increase.

4 0
3 years ago
Other questions:
  • Brooks Foundry in Rochester comma New York​, uses a predetermined manufacturing overhead rate to allocate overhead to individual
    15·1 answer
  • Oona wants to conduct research on personnel management, workplace environment, and what type of environment results in high leve
    6·2 answers
  • T-account: Accounts ReceivableBeg. Bal. 188,400 105,800 18,090 63,990 5,490 14,790 19,290 Partial list of account balances at th
    13·1 answer
  • Nick purchased a $100,000 participating whole-life insurance policy on his life. To date, he has paid $50,000 in total premiumsa
    10·1 answer
  • Which one of the following basic patterns of demand is difficult to predict because it is affected by national or international
    13·1 answer
  • Brent Bishop is the vice president of operations for Southern Sweets Bakery. He drives a 2017 Toyota Prius Prime as his company
    10·1 answer
  • Cheyenne Corp. uses a perpetual inventory system. Data for product E2-D2 includes the following purchases. Date Number of Units
    6·1 answer
  • Briefly define and give a specific example of:A.1.Scale economies in connection with urban economics (i.e., related to land use,
    13·1 answer
  • How can a person become a dentist​
    10·1 answer
  • Suppose you were writing a social media plan for Two Scoops, with two objectives: to improve brand awareness in new markets and
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!