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dexar [7]
3 years ago
12

The following data relate to product no. 33 of La Quinta Corporation: Direct labor standard: 5 hours at $14 per hour Direct labo

r used in production: 45,000 hours at a cost of $639,000 Manufacturing activity: 8,900 units completed The direct-labor rate/price variance is:
Business
1 answer:
Irina-Kira [14]3 years ago
5 0

Answer:

$9,000 (Unfavorable)

Explanation:

The computation of the direct-labor rate/price variance is given below:

Given that

Actual time used = 45,000 hours

Actual cost of labor used = $639,000

Now  

Actual rate = Actual cost of labor used ÷ Actual time used

= $639,000 ÷ 45,000

= $14.2 per hour

And,

Standard rate = $14 per hour

Standard time = 5 hours per unit

Actual output = 8,900 units

So, standard time for actual output = 8,900 × 5

= 44,500

Now

Direct labor rate variance = Actual time × (Standard rate - Actual rate)

= 45,000 × (14 - 14.2)

= $9,000 (Unfavorable)

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Answer:

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3 years ago
A _______ strategy that is aimed at increasing perceived value of goods and services by the customer usually fares best in a mor
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4 0
2 years ago
A real estate office handles an apartment complex with 50 units. When the rent per unit is $580 per month, all 50 units are occu
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Answer:

a. x=\frac{1330-y}{15}

b. x=\frac{1330-655}{15}

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c. x=\frac{1330-610}{15}

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Explanation:

a.

using the point-slope form we have that:

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m being the slope which has the next equation:

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b.

The first graph attached corresponds to the equation showed in point a.

The second graph attached corresponds to the equation if the rent is $655

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c. The third graph attached corresponds to the equation if the rent is $610

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x=\frac{1330-610}{15}

x=\frac{720}{15} = 48

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