Answer:
Explanation:
A product item is a specific version of a product that can be designated as a distinct offering among an organization's products. A product line is a group of closely related products offered by an organization.
Human communication- a process in which people generate meaning through the exchange of verbal and nonverbal messages
Answer:
Direct labor time (efficiency) variance= 16,497 favorable
Explanation:
Giving the following information:
Standard labor-hours per unit of output 10.3 hours
Standard labor rate $14.10 per hour
Actual hours worked 8,100 hours
Actual output 900 units
<u>To calculate the direct labor efficiency variance, we need to use the following formula:</u>
Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate
Standard quantity= 10.3*900= 9,270
Direct labor time (efficiency) variance= (9,270 - 8,100)*14.1
Direct labor time (efficiency) variance= 16,497 favorable
