All categories

3 years ago

The following labor standards have been established for a particular product:

Business

1 answer:

jok3333 [9.3K]3 years ago

6 0

Answer:

Direct labor time (efficiency) variance= 16,497 favorable

Explanation:

Giving the following information:

Standard labor-hours per unit of output 10.3 hours

Standard labor rate $14.10 per hour

Actual hours worked 8,100 hours

Actual output 900 units

<u>To calculate the direct labor efficiency variance, we need to use the following formula:</u>

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Standard quantity= 10.3*900= 9,270

Direct labor time (efficiency) variance= (9,270 - 8,100)*14.1

Direct labor time (efficiency) variance= 16,497 favorable

You might be interested in

Suppose that you deposit $2,000 in your bank and the required reserve ratio is 10 percent. The maximum loan your bank can made a

LuckyWell [14K]

Answer:

the maximum loan could bank made as the direct result of the deposit is $1,800

Explanation:

The computation of the maximum loan could bank made as the direct result of the deposit is given below:

= Deposit amount × (1 - required reserve ratio)

= $2,000 × (1 - 0.10)

= $2,000 × 0.90

= $1,800

hence, the maximum loan could bank made as the direct result of the deposit is $1,800

7 0

3 years ago

Leasing a car may be a better option than buying a car

AfilCa [17]

If you do t plan on having it for a long time, then you don’t have to worry about the maintenance issues and upkeep.

5 0

2 years ago

Read 2 more answers

2. The Fourth of July Company agreed to ship a quantity of fireworks to Behan. After Behan pays in full, he learns that state la

earnstyle [38]

Answer:

Behan will recover his amount.

Explanation:

The contract has not been formed as the contract is only enforceable if the contract is legally allowed which means that the selling of fireworks in this case scenario is not allowed and hence Behan and Fourth of July Company are both equally responsible for not committing to such type of agreements. So the company must payback the money as the contract is not enforceable in the jurisdiction.

4 0

3 years ago

Lara Technologies is considering a cash outlay of $239,000 for the purchase of land, which it could lease out for $39,450 per ye

Gwar [14]

Answer:

kOUC VWDODU gaiyw vwiyd viyqdc8y1rv8eyc8eyvc8wyfvy82

8 0

3 years ago

Read 2 more answers

The lowest tier of the federal court system is the:

igomit [66]

I believe the lowest tier is District Court.

5 0

3 years ago