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nikdorinn [45]
3 years ago
5

The following labor standards have been established for a particular product:

Business
1 answer:
andrey2020 [161]3 years ago
4 0

Answer:

Results are below.

Explanation:

<u>To calculate the direct labor rate and efficiency variance, we need to use the following formulas:</u>

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Direct labor rate variance= (17.7 - 17.8)*7,600

Direct labor rate variance= $760 unfavorable

Actual rate= 135,280/7,600= $17.8

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Direct labor time (efficiency) variance= (4*1,800 - 7,600)*17.7

Direct labor time (efficiency) variance= $7,080 unfavorable

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Suppose you deposit ​$2,200 cash into your checking account. By how much will the total money supply increase as a result when t
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Which of the following is NOT a benefit of putting money in a savings account?
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At the beginning of the period, the Cutting Department budgeted direct labor of $52,350 and supervisor salaries of $42,150 for 3
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