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Doss [256]
2 years ago
6

Guillermo's Oil and Lube Company is a service company that offers oil changes and lubrication for automobiles and light trucks.

On average, Guillermo has found that a typical oil change takes 24 minutes and 6.2 quarts of oil are used. In June, Guillermo's Oil and Lube had 980 oil changes. Guillermo's Oil and Lube Company provided the following information for the production of oil changes during the month of June:
Actual number of oil changes performed: 980
Actual number of direct labor hours worked: 386
Actual rate paid per direct labor hour: $14.50
Standard rate per direct labor hour: $14.00

Required:
a. Calculate total direct labor variance for oil changes in June?
b. Calculate The Direct Labor Rate Variance (LRV) and Direct Labor efficiency variance (LEV)
Business
1 answer:
Harlamova29_29 [7]2 years ago
4 0

Answer:

that hurts my brain when I try to think of the answer

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mixer [17]

Answer: Depreciation expense for 2021 = $825

Depreciation expense for 2022 =$3, 300

Explanation:

Using  Straight line depreciation

We have that our Annual depreciation= Purchase price - salvage value / useful life.

$22,500 - $2,700 / 6

=19,800/6

$3, 300

Depreciation expense for 2021  ( from October to December )

$3,300 x 3/ 12= $9,900/12

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Depreciation expense for 2022 (  From January  to December)

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Why should employees be wary of participating in the grapevine in a business
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Aleksandr-060686 [28]
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3 years ago
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Where could an identity theft access your personal information?
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3 years ago
Given the pay rate, hours worked, tax deductions, and social security deduction, determine the gross earnings, group health insu
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Answer:

Gross Income - $2570 ($21.60*119)

Group Health Insurance - $360 ($2570*0.14)

Pension Deduction- $154 ($2570*0.06)

Total Deduction- $514 ($360 + $154)

Net Pay- $2056 ($2570 - $514)

Explanation:

As the question states given the pay rate and hours worked, No Data of pay rate and hours worked is provided. Gross Earnings are $21.60 which doesn’t seem accurate when compared with Group Health Insurance and Pension figures. However let’s assume the pay rate to be $21.60 and hours worked to be 119 hours then we will have the following results:  

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Group Health Insurance - $360 ($2570*0.14)

Pension Deduction- $154 ($2570*0.06)

Total Deduction- $514 ($360 + $154)

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I hope this is the type of answer you must be looking for!

3 0
2 years ago
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