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Andrej [43]
3 years ago
15

Multiple Choice Question Use the following information to calculate the labor efficiency variance for Adkinson Company. Actual h

ours used 5,500; Standard hours allowed 5,800; Actual labor rate $14.75 per hour; and Standard labor rate $14.00 per hour.
Business
1 answer:
Taya2010 [7]3 years ago
4 0

Answer:

$4,200 Favorable.

Explanation:

$14.00 x (5,800 - 5,500) = $4,200 Favorable. The labor efficiency variance is calculated using the standard, not the actual, labor rate.

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The foundation of the Supply Chain Information Functionality pyramid is Multiple Choice
wolverine [178]

Answer:

A strong transaction system

Explanation:

The Supply Chain Information Functionality pyramid has different levels and consists of integrated processes that occur in stages.

The first level at the foundation of the pyramid is a strong transaction system that oversees the various transactions that take place in an organization. It consists of procedures, processes and rules that guide day to day operations.

5 0
4 years ago
Read 2 more answers
Contribution margin per unit. Number of units that Ender must sell to break even. Sales level in units that Ender must reach to
antoniya [11.8K]

Answer:

a. $120

b. 5,000 units

c. 7,000 units

Explanation:

Hi, your question is incomplete, I found the full question online and uploaded text and image below.

Workings and explanations :

Contribution margin per unit = Sales - Variable Cots

                                                = $200 - $80

                                                = $120

Break even (units) = Fixed Costs ÷ Contribution margin per unit

                               = $600,000 ÷ $120

                               = 5,000 units

Unit Sales to achieve a target profit = (Targeted Profit + Fixed Costs) ÷ Contribution margin per unit

                                                           = ($240,000 + $600,000) ÷ $120

                                                           = 7,000 units

Margin of Safety = Expected sales - Break even Sales

Note : There is no much details about the current sales level

<u>FULL DETAILS OF THE QUESTION IS AS FOLLOWS :</u>

<em>Information concerning a product produced by Ender Company appears here: Sales price per unit $ 200 Variable cost per unit $ 80 Total annual fixed manufacturing and operating costs $ 600,000</em>

5 0
3 years ago
For the most recent year, Camargo, Inc., had sales of $546,000, cost of goods sold of $244,410, depreciation expense of $61,900,
weqwewe [10]

Answer:

Explanation:

As we know that time interest earned ratio = Income before interest and taxes / interest expense.

Sales                                                                                           = 546000

less: cost of goods sold                                                            =  (<u>244410</u>)

            Gross profit                                                                       301590

Less: <u>expenses</u>

          Depreciation expense                                                      =( <u>61900   </u>)    

         Profit before interest and taxes                                         239690

Less: tax

      (239690 * 23%)                                                                =   (<u>55128</u>)            

                         Profit                                                                   184562

Profit - Retained earning Addition  = Interest

      184562 - 74300 = 110262.

Interest earned ratio = 239690 / 110262 = 2.17 times  

3 0
4 years ago
Aime goes to the supermarket to buy lotion. She always buys the same brand, so she knows exactly what the bottle looks like. Jai
EleoNora [17]

Answer:

b. Lanham Act

Explanation:

Lanham Act -

According to this act ,

It governs the unfair competition , service marks and trademarks , is referred to as the Lanham Act .

Where Trademark , refers to the some symbol , logo , phrase or word , which act as an identity of the goods or services , and make the product to stand out from rest of the product .

Copying the same trademark is an illegal activity .

The Law was passed by Congress in year 1946 .

It is also called the Trademark Act 1946 .

Hence , from the given scenario of the question,

The correct option is b. Lanham Act .

7 0
3 years ago
What is the burden of proof in a civil case
slega [8]

In civil cases, the plaintiff has the burden of proving his case by a preponderance of the evidence. A "preponderance of the evidence" and "beyond a reasonable doubt" are different standards, requiring different amounts of proof

4 0
3 years ago
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