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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

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RE: Planned Obsolescence, Perceived Obsolescence "A product is deliberately designed to have a specific life span. For example,
AURORKA [14]

Answer:

Planned Obsolescence

Explanation:

According to my research on the answers provided, I can say that based on the information provided within the question this is most related to Planned Obsolescence. This term is basically defined exactly in the question, but in simpler terms this is a product that is specifically designed to become obsolete after a certain time frame.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
Sherry invests money in stock. Her initial investment is $3,000, and after one month the stock’s value increases by 20%. After a
Ilya [14]

Answer:

Investment worth now = 3,726 dollars

Explanation:

This is simple question which can easily be understood with the help of following calculations.

Initial Investment = $ 3000  -A

Value increase by 20% = A*1.2 = 3600-B

Value dip by 10% = B*0.9 = 3240-C

Value increase by 15%= C*1.15 = 3726

In this way by applying rate to last determine value we can get current investment worth.

3 0
3 years ago
Sophie is willing to sell her used economics textbook for $30. Ruby is willing to pay $60 for the used economics textbook. Sophi
erastovalidia [21]

Answer:

The correct answer is option A.

Explanation:

Sophie is willing to sell a textbook for $30, while Ruby is willing to purchase it for $60. Both negotiate and agree on a price of $45.

The gain for Sophie will be the difference between the minimum price she was expecting and the price she gets for the textbook.

Gain for Sophie

= $45 - $30

= $15

The gain for Ruby will be the difference between the maximum price she was willing to pay and the price she actually paid.

Gain for Ruby

= $60 - $45

= $15

So, both of them have a gain of $15 from trade.

8 0
3 years ago
An industry analysis for manufacturers of a small personal care gadget observed the following characteristics: 1. Industry sales
mina [271]

Characteristics 4 and 5 would be typical of an industry that is in the start-up stage.

Explanation:

  • Following characteristics would be typical of an industry that is in the start-up age :
  • 4. The current penetration rate in the United States is 60% of households and will be difficult to increase.
  • The households between $1 million and $2 million in net worth is given below :
  • $1,000,000 in wealth is near the 88% in America.
  • Around 15,117,804 are households that matched this bracket or more.
  • 5 Manufacturers compete fiercely on the basis of price, and price wars within the industry are common.
  • There are certain strategies which includes
  • price matching,
  • evaluating the competitors,
  • product re-branding,
  • creative advertising and marketing
3 0
3 years ago
If there is an excess supply of money in the economy, A. there is also an excess demand for money B. there is also an excess dem
yarga [219]

Answer: B. there is also an excess demand for bonds

Explanation:

When there is an excess supply of money in the economy, there is also an excess demand for bonds.

This is because in his case, rather than holding money, individuals will want to increase their being holdings and therefore, this will lead to the reduction in their holding of money. Equilibrium will further be restored as there'll be reduction in interest rate.

8 0
2 years ago
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