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2 years ago

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

Business

1 answer:

swat322 years ago

8 0

Answer:

$2,430F

Explanation:

The formulae for labor rate variance is given as (Actual rate - Standard rate) × Actual hours worked.

Labor rate variance = (Actual rate - Standard rate) × Actual hours worked

Given that;

Actual rate = Actual total labor cost ÷ Actual hours worked

= $119,880 ÷ 8,100

= $14.8 per hour

Standard rate = $15.10 per hour

Actual hours worked = 8,100

Labor rate variance = ($14.8 - $15.10) × 8,100

Labor rate variance $2,430F

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Explanation:

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2 years ago

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Answer:

0.33

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3 years ago

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maxonik [38]

Answer:

6.34 %

Explanation:

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NPER = 11 years × 2 = 22 years

The formula is shown below:

= PMT(Rate;NPER;-PV;FV;type)

The present value come in negative

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So, the coupon rate equals to

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3 years ago

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Explanation:

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3 years ago