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Scorpion4ik [409]
2 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]2 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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If you could choose anything to be? (must be in essay)​
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1. A company expects to sell 400 units of Product X in January and then expects sales to increase by 10% per month. If Product X
Len [333]

Answer:

1. $13,240

2. 16,000 units

3. 22,000 units.

Explanation:

The question is answered as follows

Part 1: Determine the total sales for the first quarter as follows

January Sales in Units = 400 Units

February Sales Units = 400 x 110% or 1.1= 440 units

March Sales Unites = 440 x 110% or 1.1. = 484 units

Total Sales = 1,324 x $10 = $13, 240

Part 2: Determine Production In August

Production in August making use of the relevant figures

= Expected units + (Expected units in september x 80%) - Inventory on August 1

= 12,000 + (0.8 x 15,000) - 8000= 16,000 Units

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= 20,000 units + 5,000 units - 3000 units = 22,000 units

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3 years ago
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When a company owner practices price discrimination, the marginal revenue of an extra unit sold.
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When a business owner uses price discrimination, the marginal revenue curve and the market demand curve are in line, therefore the marginal revenue is the same as the product's price.

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5 0
1 year ago
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