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Scorpion4ik [409]
3 years ago
14

Assume that the standard cost to make one finished unit includes 2 hour of direct labor at $8 per hour. During April, 22,000 dir

ect labor-hours were worked, 10,500 units of product were manufactured, and total direct labor cost was $160,000. What is the labor rate variance for April
Business
1 answer:
ruslelena [56]3 years ago
5 0

Answer:

the labor rate variance is $16,000 unfavorable

Explanation:

The computation of the labor rate variance is shown below:

As we know that

Labour Rate Variance = ( Actual Rate - Standard Rate) ×Actual Hours Worked

= ($160,000 ÷ 22,000 direct labor hours - $8) × 22000  direct labor hours

= ($7.27 - $8) × 22000  direct labor hours

= $16,000 Unfavorable

hence, the labor rate variance is $16,000 unfavorable

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

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You plan to retire at age​ 65, and you want to have enough money in your savings account to withdraw​ $54,000 every year for 20
leonid [27]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

3 0
3 years ago
Ahngram Corp. has 1,000 defective units of a product that cost $3.30 per unit in direct costs and $6.80 per unit in indirect cos
OLga [1]

Answer:

If the units are reworked, income will increase by $5,800.

Explanation:

Giving the following information:

Number of units= 1,000

Sell as-is= $4.3

Rework cost= $2.8

Selling price= $12.9

<u>Because the original cost will remain constant in both options, we will not take them into account.</u>

Sell as-is:

Effect on income= 1,000*4.3= $4,300

Rework:

Effect on income= 1,000*(12.9 - 2.8)

Effect on income= $10,100

If the units are reworked, income will increase by $5,800.

4 0
3 years ago
In responding positively to a claim, begin the message with a. information promoting other products. b. the good news that you a
otez555 [7]

Answer:

Correct option is (b)

Explanation:

In business communication, when replying to a claim made by the customer, the sender should begin with the good news that customer's request is complied with. This should be done to gain the customer's confidence.

The customer might be looking forward to this in the reply and he will be happy to read that, thereby retaining the customer.

7 0
3 years ago
amazon’s efforts to offer customers the option to return or purchase items in the physical world is a decision that most closely
gulaghasi [49]

Amazon’s efforts to offer customers the option to return or purchase items in the physical world is a decision that most closely aligns with <u>Physical Evidence</u>.

This is because the retail marketing mix has seven elements.

These elements are usually known as the 7 Ps, including product, price, promotion, place, people, process, and physical evidence.

It is expected that the <u>Physical Evidence</u> should give the customers the sense of making a purchase.

This could be anything from collecting a physical receipt or having the opportunity to return a defective product.

The Physical Evidence gives the customers an impression of the value of what they purchase goods.

Hence, in this case, it is concluded that the correct answer is <u>Physical Evidence</u>.

Learn more here: brainly.com/question/15850455

7 0
2 years ago
Closing prices of two stocks are recorded for 50 trading days. The sample standard deviation of stock X is 4.638 and the sample
White raven [17]

Answer:

a) The correlation coeffcient is given by:

r = \frac{Cov(X,Y)}{S_x S_y}

And replacing we got:

r = \frac{-36.111}{4.638 *9.084}= -0.857

b) For this case we can conclude that we have a strong, negative linear association between the two stock prices.

Explanation:

Part a

For this case we have the following info:

s_x = 4.638 represent the sample deviation for the variable X

s_y = 9.084 represent the sample deviation for the variable Y

Cov(X,Y)= -36.111 represent the covariance between the variables X and Y

The correlation coeffcient is given by:

r = \frac{Cov(X,Y)}{S_x S_y}

And replacing we got:

r = \frac{-36.111}{4.638 *9.084}= -0.857

Part b

Describe the relationship between prices of these two stocks.

For this case we can conclude that we have a strong, negative linear association between the two stock prices.

5 0
3 years ago
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