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eimsori [14]
3 years ago
13

Four Seasons Industries has established direct labor performance standards for its maintenance and repair shop. However, some of

the labor records were destroyed during a recent fire. The actual hours worked during August were 2,750, and the total direct labor budget variance was $1,430 unfavorable. The standard labor rate was $17.60 per hour, but recent resignations allowed the firm to hire lower-paid replacement workers for some jobs, and this produced a favorable rate variance of $3,850 for August.
Required:
a. Calculate the actual direct labor rate paid per hour during August.
b. Calculate the dollar amount of the direct labor efficiency variance for August.
c. Calculate the standard direct labor hours allowed for the actual level of activity during August.
Business
1 answer:
GREYUIT [131]3 years ago
8 0

Answer:

a. (AR-SR)* Actual hours = Labour rate variance  

Actual rate = (-3,850/2,750) + $17.60

Actual rate = -$1.4 + $17.60

Actual rate = $16.20

b. Direct labour efficiency variance for August = Total direct labour budget variance - Direct labour rate variance

= 1,430 - (-$3,850)

= $5280 Unfavourable

c. Direct Labour efficiency variance = (AH-SH)*SR

5280 = (2,750 - SH) * 17.60

(2,750 - Standard hours) = 5280/17.60

(2,750 - Standard hours) = 300

Standard hours = 2,750 - 300

Standard hours = 2,450

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wariber [46]

Answer:

True

Explanation:

In industry, inventory buildups are cancelled with increased sales and marketing activities, which attract rewards and punishments.  This is why it is always a taboo to observe idle workers.  Idle workers cost the entity much in expenses.  Workers are employed based on productivity and profitability indexes.  There is no business entity that employs workers for the fun of employment.

5 0
3 years ago
Activity rates from Mcelderry Corporation's activity-based costing system are listed below. The company uses the activity rates
Naddik [55]

Answer:

b) 2,388.22

Explanation:

Activity Cost Pool        Activity Rates                Activity   Overhead cost

Processing customer  49.87 per order                   10             498.7

orders

Assembling products   2.88 per assembly hour    580          1670.4

Setting up batches       18.26 per batch                    12          <u>  219.12</u>

Total Overhead cost assigned                                               <u>2,388.22</u>

8 0
2 years ago
g invested $800,000 in a new CNC hot wire cutting machine. They intend to sell foam products fabricated using this machine. At a
lara31 [8.8K]

Answer:

Quarterly income = $ 36,643.03

Explanation:

The quarterly income ca be determined using the present value of the annuity technique.

The Present Value of the annuity technique

PV = A × ((1- (1+r)^(-n)/r

A- quarterly payment, n- number of quarters, quarterly rate, PV - Present of investment

A- ?  n -3× 12= 36, r-12%/4= 3%

800,000 = A×  (1- (1.03)^(-36)

800,000 = A×  (1- (1.03)^(-36)

800,000 = A × 21.8322525

A = 800,000/21.8322525

A= 36,643.03

Quarterly income = $ 36,643.03

7 0
3 years ago
The local professional soccer team stadium displays an advertisement for domino’s pizza at halftime. What type of marketing it t
Vilka [71]

The type of marketing that this is is called business to customer strategy. This is called B2C marketing.

<h3> </h3><h3>What is a business to customer strategy? </h3>

This is a type of marketing strategy that has to do with the approach that businesses take to sell their goods and their services to the customers that they have.

The business here is utilizing the fact that they game is at the half time to sell their goods.

At this time, a lot of the audience would feel the need to be refreshed and would need something to eat

Read more on  business to customer strategy here:

brainly.com/question/24803497

3 0
2 years ago
Malik Boykin is paid $8.20 per hour. and time and a half for any work over 40 hours
Viefleur [7K]

<u>Pay of Malik Boykin:</u>

Step 1:

Adding the total hours for each week:

Week of 3/10 = 5.5+6+9+12+7 = 39.5

Week of 3/17 = 8+8.5+9+13+4.5+4 = 47

Step 2:

Any sum of 40 hours or less gets multiplied by the hourly salary:

Week of 3/10: 39.5\times\$8.20 = \$323.90 - That's the pay for that week

Week of 3/17: 40\times\$8.20 = \$328

Step 3:

For hours worked over 40 the salary is 1.5 times the normal salary:

\Rightarrow\$8.20\times1.5 = \$12.30

Now multiply the hours over 40 for that week by the time and a half:

\Rightarrow\$12.30\times7 = \$86.10

And adding it to the \$328 we get,

\$328+\$86.10=\$414.10

Therefore,  Week of 3/10: \bold{\$323.90}  and  Week of 3/17: \bold{\$414.10}

6 0
3 years ago
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