1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vaieri [72.5K]
3 years ago
6

Cromwell manufactures specialty electronic circuitry through a unique photo-electronic process. One of the primary products, Mod

el GT40, has a standard labor time of 0.5 hour and a standard labor rate of $7.00 per hour. During March, the following activities pertaining to direct labor for GT40 were recorded: Direct labor hours used 2,000 Direct labor cost $12,000 Units of GT40 manufactured 3,000 The Labor rate variance and Labor efficiency variance are: Select one:
Business
1 answer:
WARRIOR [948]3 years ago
8 0

Answer:

the  labor rate variance and labor efficiency variance is $2,000 favorable and $3,500 unfavorable

Explanation:

The computation of the labor rate variance and labor efficiency variance is given below;

For Labor rate variance

= $12,000 - (2000 × 7)

= $2000 F    

And, the Labor efficiency variance is

= 7 × (2000 - 3000 × 0.5)

= $3500 U

Hence, the  labor rate variance and labor efficiency variance is $2,000 favorable and $3,500 unfavorable

You might be interested in
The project administrator is preparing a preliminary budget for a project and adds in the cost of a new computer for the project
Lemur [1.5K]

Answer:

The correct answer is b. Direct.

Explanation:

The computer is considered a direct cost because it is essential in the development of the project. For each phase of the same it is required to analyze the information in order to outline the study, and for this reason it is considered as a resource that will be used directly until the completion of the project.

5 0
3 years ago
Read 2 more answers
Assume you receive a 3.5% raise in your 2014 salary for 2015. In addition, suppose the CPI was 238 in 2014 and 240 in 2015. Your
GalinKa [24]

Answer: a. increased

Explanation:

Inflation rate = (CPI of second year - CPI of the first year ) / CPI of the first year

= (240 - 238) / 238

= 0.84%

Your wage increased by 3.5% which is more than inflation so your real wage increased by;

= 3.5 - 0.84

= 2.66%

4 0
2 years ago
Which of the following errors would cause the adjusted trial balance to be unequal? a. The adjustment for prepaid insurance was
zalisa [80]

Answer: Option (C) is correct.

Explanation:

There is a adjustment entry for depreciation of $3,545 but the amount that is debited as depreciation expense is different from the amount that is credited as accumulated depreciation.

Depreciation Expense A/C     Dr.     $3,454

To Accumulated Depreciation                          $3,545

This will lead to an unequal adjusted trial balance.

Option 'A' and 'B' has no effect on the adjusted trail balance to be unequal because whole transaction is omitted.

Option 'D' also has no effect on adjusted trail balance because the debit and credit amount will still match.

3 0
3 years ago
The period of time that is ideal to achieve the success of a new product is the:
Sever21 [200]

Firms often lunch products periodically. The period of time that is ideal to achieve the success of a new product is the Launch window.

<h3>What is product launch windows?</h3>

Most firms often have a narrow product launch windows. In this type of window, there is a limited  product life cycles.

Organizations due to the fact that they known the consequences behind  missing the optimum point for a new product to be launch, they often take a the right and proactive steps toward the timing of product introductions to the market.

Learn more about Launch window from

brainly.com/question/8842371

8 0
2 years ago
List the four ways to become a business owner
777dan777 [17]
1. Start your own business2. Take over a family-owned business3. Buy a franchise4. Buy an existing operating business.
8 0
3 years ago
Read 2 more answers
Other questions:
  • Financial stability is when you:
    5·2 answers
  • Webster and Moore paid $148,000, in cash, for equipment three years ago. At the beginning of last year, the company spent $21,00
    8·1 answer
  • Presented below is information related to Bonita Corp. for the year 2017.
    9·1 answer
  • Linkedin receives more than __________ of its visitors from countries like costa rica, malaysia, singapore, and the united kingd
    10·1 answer
  • Suppose that households have significantly reduced their consumption of beef in response to a rise in beef prices, and substitut
    14·1 answer
  • Bellue Inc. manufactures a single product. Variable costing net operating income was $115,600 last year and its inventory decrea
    15·1 answer
  • Suppose the corporate tax rate is 35%. Consider a firm that earns $10,000 before interest and taxes each year with no risk. The
    15·1 answer
  • Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month
    7·1 answer
  • Pinnacle Corp. budgeted $259,470 of overhead cost for the current year. Actual overhead costs for the year were $209,420. Pinnac
    10·1 answer
  • Hagar Corporation has municipal bonds classified as a held-to-maturity at December 31, 2017. These bonds have a par value of $80
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!