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Nesterboy [21]
3 years ago
6

During July, Whitman paid $189,600 to employees for 8,900 hours worked. 4,760 units were produced during July. What is the direc

t labor efficiency variance
Business
1 answer:
Marrrta [24]3 years ago
8 0

Answer and Explanation:

The computation of the  direct labor efficiency variance is shown below;

= Standard Rate × (Standard Hours - Actual Hours)

= $22.50 × (4,760 Units × 2 hours per unit - 8,900)

= $13,950 Favourable

Hence, the direct labor efficiency variance is $13,950 favorable

We simply applied the above formula so that the correct amount could come

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Touchtech earns revenue when edison purchases 100 shares, even if he purchases them from an existing shareholder.
Strike441 [17]

Answer:

A. An increase in the perceived profitability of Touchtech will likely cause the value of Edison's shares to rise.

B. Expectations of a recession that will reduce economy-wide corporate profits will likely cause the value of Edison's shares to decline

Explanation:

The price of the stock changes only because of the changes in the profitability of the firm. If the company is earning lower profits then the prices of the stock will fall and vice versa. So the option A is correct because increase in profitability increases the value of the shares.

So the main thing here is the profitability of the firm which is affected by the recession in the economy because during the recession period the profitability of the firm decreases and so the value of the stock decreases. So the option B is correct

6 0
3 years ago
Which of the following statements is FALSE?A. Across a longer time period, a single cash flow grows to a larger future valueB. F
telo118 [61]

Answer:

D. For a higher interest rate, an annuity has a smaller future value

Explanation:

If the interest rate increases, then the capitalization factor on the annuity increases making the annuity future valeu increase:

C \times \frac{(1+r)^{time} -1}{rate} = PV\\

on the capitalziation factor we got rate in both part of the division:

\frac{(1+r)^{time} -1}{rate}

on the top part is being added a unit and power to t

while in the other it doesn't change.

While it is true that a higher dividend makes the quotient decrease, the increases in the top part exceeds by far the increase in the bottom part, making increase the quotient.

8 0
3 years ago
Check out this app! It's millions of students helping each other get through their schoolwork. https://brainly.app.link/qpzV02Ma
kakasveta [241]

Answer:

Check out this app! It's millions of students helping each other get through their schoolwork. https://brainly.app.link/qpzV02MawO

8 0
2 years ago
The eight wastes of traditional operations include all of the following except Question content area bottom Part 1 A. defects. B
dsp73

The answer is utilizing people to their full potential.

Push-type systems are used in conventional industrial processes. They are predicated on the idea that it is preferable to predict and prepare for potential production requirements in the future. Traditional methods manufacture commodities ahead of time so that they are available when demand arises.

Eight wastes are:

1. Defects

2. Overproduction

3. Waiting

4. Not utilizing people to their full potential

5. Transportation

6. Inventory

7. Movement

8. Excess processing.

Therefore The eight wastes of traditional operations includes all of the following except "utilizing people to their full potential"

Hence option D utilizing people to their full potential is correct.

To know more about eight wastes click here:

brainly.com/question/13909059

#SPJ4

3 0
2 years ago
The following is a listing of some of the balance sheet accounts and all of the income statement accounts for Northview Company
krek1111 [17]

Answer:

The gross profit margin is B. 31.5%.

Explanation:

The gross profit is the profit earned by a company from trading and is also known as the trading profit. It is the difference between the Net sales revenue and the cost of goods sold. This profit does not take into account any other expenses either operating or non operating except for the cost of goods sold.

The net sales revenue = Gross sales revenue - Sales returns and allowances - sales discounts

Net sales revenue = 160000 - 19000 - 11000 = 130000

The cost of goods sold are $89000

The gross profit = 130000 - 89000 = $41000

The gross profit percentage = (Gross profit / net sales)  * 100

Gross profit margin = (41000 / 130000) * 100 = 31.5%

4 0
3 years ago
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