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Aloiza [94]
3 years ago
13

Assume the following: The standard labor rate per hour is $17.00. The standard labor-hours allowed per unit of finished goods is

3 hours. The actual quantity of labor hours worked during the period was 44,000 hours. The total actual direct labor cost for the period was $726,000. The company produced 15,000 units of finished goods during the period. What is the labor efficiency variance
Business
1 answer:
andreyandreev [35.5K]3 years ago
6 0

Answer: $17,000

Explanation:

Labour efficiency variance = Standard rate * (Standard hours - Actual hours )

Standard hours:

= Standard labor-hours allowed per unit * Number of units produced in period

= 3 * 15,000

= 45,000 hours

Labor efficiency variance = 17 * (45,000 - 44,000)

= $17,000 Favorable

<em>Favorable because the standard amount is higher than the actual amount. </em>

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Finding dominant strategies is often a very way of analyzing a game. Consider the following game: Microsoft and Apple are the tw
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In 2019, Felicity's business use of her vehicle fell to less than 50%. Regular MACRS depreciation had been used in prior years.
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Answer:

(d) Straight-line method (SL), the same convention as used in the first year of depreciation, ADS recovery period

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5 0
2 years ago
Who pays the tax does depend on who writes the check to the government?
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Who pays the tax does NOT depend on who write the check to the government.
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4 years ago
Emma just graduated from college and needs to start an emergency fund. Where should she put her money? Why?
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Answer:

These steps can help you when building an emergency fund in college:

Set a goal for how much you need.

Consider your total monthly income and expenses.

Determine what expenses are necessary.

Decide how much you're going to save every month.

Consider how you're going to get what you need.

Explanation:

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hope it HELPS..!!

7 0
3 years ago
Read 2 more answers
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