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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

To calculate the direct labor efficiency variance, we need to use the following formula:

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

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Answer:

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Explanation:

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1 year ago

Which of the following provides a suite of integrated software modules for finance and accounting, human resources, manufacturin

IrinaVladis [17]

Answer:

b) ERP

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3 years ago

A management dilemma defines the research question. Group startsTrue or FalseTrue, selectedFalse, unselected

OlgaM077 [116]

Answer:

False

Explanation:

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3 years ago

You own a portfolio that is 30 percent invested in Stock X, 20 percent in Stock Y, and 50 percent in Stock Z. The expected retur

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Answer:

11.2%

Explanation:

We need to calculate the weighted return of the portfolio. You have to multiply each stock's weight by the expected return.

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3 years ago