Answer:
Option (C) is correct.
Explanation:
Given that,
Actual direct labor hours = 8,200
Actual rate = $12.40 per hour
Original production = 1,100 units
Actual units produced = 1,000
Labor standards = 7.6 hours per completed unit
standard rate = $13.00 per hour
Labor time variance:
= (Standard hours - Actual hours) × Standard rate
= (1,000 × 7.6 - 8,200) × $13
= 7,800 Unfavorable
Answer:
Explanation:
B C and D have become tools that have been tried.
Deficit spending is a budget/government policy. Its use should be very limited.
Same with Increased Government Spending. FDR was the master at controlled government spending.
Reducing income taxes is another government policy.
So only A is an example of monetary policy. This is a regulation imposed on the Banks by the Federal Reserve.
Answer: D. 500
Explanation:
The Economic Order Quantity (EOQ) refers to an efficient number of units that a company should order to minimize the total costs of inventory such as holding costs, order costs, and shortage costs.
It is calculated by the formula below,
EOQ = √ (2 * Annual demand * Ordering Cost / Holding Cost)
EOQ = √ (2 * 5,000 * 250 /10)
EOQ = 500 units.
The economic ordering quantity (EOQ) for this item is 500 units.
Answer:
Explanation:
In Henry's case, as the manager is not going to take into consideration specific techniques of behavior, Henry must put emphasis on <em>practical but long-lasting feedback</em> so based on those guidelines the manager can start taking better decisions for the company to reach its consumers' expectations.
