1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vadim26 [7]
3 years ago
5

The standards for direct labor for a product are 2.5 hours at $8 per hour. Last month, 9,000 units of the product were made and

the labor efficiency variance was $8,000 F. The actual number of hours worked during the past period was:
Business
1 answer:
GrogVix [38]3 years ago
5 0

Answer:

21,500

Explanation:

Given that,

Labor efficiency variance = $8,000 F

Standard Rate = $8 per hour

Standards for direct labor for a product = 2.5 hours

Labor efficiency variance = (Standard Hour for actual output - Actual Hour) × Standard Rate

$8,000 = [(9,000 × 2.5) - Actual Hour] × $8 per hour

1,000 = 22,500 - Actual Hour

Actual hour = 22,500 - 1,000

                   = 21,500

Therefore, the actual number of hours worked during the past period was 21,500.

You might be interested in
What is the principle of E-commerce?
timurjin [86]

1. Develop for mobile ; 2. Ensure performance is speedy ; 3. Invest in design ; 4. Put your customers first ; 5. Be locale-sensitive.

5 0
2 years ago
27. When a person buys stock in a company, that person is buying ________, but when a person buys a bond in a company, that pers
Trava [24]

Answer: Ownership rights

lending

Explanation: Equity shares or common stocks are the ownership rights of the company, the holders of common stock have the voting right in every major decision of the company and are entitled for dividend according to the profit made by the company in that period.

On the other hand the bondholders are the creditors of the company as bond is considered as a debt obligation in the company. They are entitled to fixed rate of interest in return of the investment made by them.

5 0
3 years ago
Which of the following would be the best allocation base for the Assembly​ activity? A. Direct labor hours hours B. Number of or
Elden [556K]

Answer:

The best allocation base for assembling activities costs are the number of parts actually assembled.

Since the number of parts is not an option int his question, the second best allocation base for the assembling process is A) direct labor hours.

If the process is highly automated, then the second best allocation base would be machine hours, but that isn't an option either.

8 0
3 years ago
"Only one firm produces and sells soccer balls in the country of Wiknam, and as the story begins, international trade in soccer
sweet-ann [11.9K]

Answer:

Explanation:

a) since MR=MC, then 15-2Q=3+Q. So, the monopolist produce Q=4

price P=15-Q=10-4=6

profit=6*3-TC=18-(3+4+0.5*4^2)=3

b)since the P=6=6, domestic production will stay the same. The domestic consumption will stay the same. For Wilknam, it will import soccer balls.

c)yes, it holds that Wiknam will be an importer. Because the price for domestic production is 6 which is same as the world price 6.

d)Since the price within country is the same with price out of country, and also, MC=3+Q=7>6, Wiknam will import soccer balls. The monopolist market will become a competitive market.Even though the price won't change,the product will be of high quality and so on. The market will become more equilibrium.

7 0
3 years ago
Based on the Taylor Rule use the following information to calculate the target federal funds rate.
Gnesinka [82]

Answer:

8.0 %

Explanation:

inflation gap = 3 - 2 = 1

=3 + 2 + (.5 x 1) + (.5 x 5)

= 8.0

4 0
3 years ago
Other questions:
  • The result of a decision made or an action taken is known as a(n):
    8·2 answers
  • Which is heavier 100 pounds or ROCKS! or a 100 pounds of feathers?
    14·2 answers
  • Overspending can keep you from achieving your goals <br> true or false
    15·2 answers
  • If the Consumer Price Index was 90 in one year and 100 in the following year, then the rate of inflation is about
    8·2 answers
  • Purchase goods from Hari Rs 30,000 and partial payment Rs 20,000 (journal entries)​
    11·1 answer
  • Abraham drinks Mountain Dew. He can buy as many cans of Mountain Dew as he wishes at a price of $0.55 per can. On a particular d
    11·1 answer
  • A nightclub has several types of employees, each with a specialized task. Bartenders make drinks, bouncers check identification,
    10·1 answer
  • Speaking effectively, writing concisely, and listening attentively are all examples of the transferable skill of
    8·2 answers
  • What is liberalisation? ​
    10·1 answer
  • The annual return on the s&amp;p 500 index was 12.4 percent. the annual t-bill yield during the same period was 5.7 percent. wha
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!