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3 years ago

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

Business

1 answer:

swat323 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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The company makes 340 units of product P23F a year, requiring a total of 710 machine-hours, 80 orders, and 40 inspection-hours p

kifflom [539]

Answer:

$ 5,401.60

Explanation:

Activity cost pool

Assembly: $ 698,720 (Total Cost) / $ 44,000 (Total activity machine-hours)

= $ 15.88 per machine-hour

Processing Orders: $ 90,763 (Total cost) / 1,900 orders = 47.77 per order

Inspection: $ 119,535 / 1,950 inspection-hours = $61.30 per inspection-hour

Overhead Costs:

Assembly: 15.88 per MH *710 MHs = 11,274.80

Processing Orders: $ 47.77 per order * 80 orders = $3,821.60

Inspection: $ 61.30 per IH * 40 IHs = 2,452.00

Sales: (340 * 121.90) = $ 41,446.00

Costs:

Direct materials (340 * 40.05) = $ 13,617.00

Direct labor (340 * $ 14.35) = $ 4,879.00

Assembly $ 11,274.80

Processing $ 3,821,60

Inspection $ 2,452.00

Total of costs: $ 36,044.40

Product Margin: (Costs - Sales) $ 5,401.60

4 0

3 years ago

All of the following are considered equipment for a business EXCEPT:

rewona [7]

When you say equipment meaning, it can be something that can help you boost your performance in doing something related to work. Thus in the given choices, building is not an example of equipment. Devices, machines and tools are the so-called equipment that is very helpful for the employee.

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3 years ago

On May 10, Keene Company sold merchandise for $4,000 and accepted the customer's Best Business Bank MasterCard. At the end of th

natta225 [31]

Answer:

Cash $3,848

Service Charge Expense ($4,000 ×3.8%) $152

To Sales Revenue $4,000

(Being the record of the sale of merchandise is recorded)

Explanation:

The journal entry is shown below:

Cash $3,848

Service Charge Expense ($4,000 ×3.8%) $152

To Sales Revenue $4,000

(Being the record of the sale of merchandise is recorded)

Since sale is made so we debited the cash it increased the assets plus there is service charge expense so the same is also debited as it increased the expenses and at the same time the merchandise is sold so it would be credited as it increased the revenue

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3 years ago

in the integrative framework for the implementation of task redesign, the step that follows formulation of the redesign strategy

Svet_ta [14]

In the integrative framework for the implementation of task redesign, the step that follows formulation of the redesign strategy is e. implementation of the task changes.

<h3>What is the integrative framework?</h3>

A integrative framework can be described as the means of negotiation decision making to conceptualize the actions,as well as contingencies of all possible outcomes, options and scenarios.

It should be noted that this applied integrative negotiations can be seen as one that is with the intention of incorporating the goals and aims of all the negotiating parties to create maximum value .

Therefore, option E is correct.

Learn more about implementation at:

brainly.com/question/29439008

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1 year ago

A food handler's duties regarding food safety include all of the following practices EXCEPT: Prevention of food contamination Pe

katen-ka-za [31]

The answer to your question is,

Periodically test food for illness causing microorganisms.

-Mabel <3

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3 years ago

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