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OleMash [197]
3 years ago
14

The following labor standards have been established for a particular product: Standard labor-hours per unit of output 9.4 hours

Standard labor rate $ 13.20 per hour The following data pertain to operations concerning the product for the last month: Actual hours worked 7,200 hours Actual total labor cost $ 92,160 Actual output 1,050 units What is the labor efficiency variance for the month
Business
1 answer:
dexar [7]3 years ago
7 0

Answer:

the  labor efficiency variance is $35,244 favorable

Explanation:

The computation of the labor efficiency variance is shown below:

As we know that

Efficiency Variance is

= Standard rate × (Standard hours - Actual Hours)

= $13.20 × (9.4 ×1,050 units - 7,200 hours)

= $13.20 × (9,870 hours - 7,200 hours)

= $35,244 favorable

hence, the  labor efficiency variance is $35,244 favorable

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. Based on the following data, Accounts payable…………………………………………………..... $62,000 Accounts receivable…………………………………………………. 100,000
Temka [501]

Answer:  $428,000

Explanation:

Given that,

Accounts payable = $62,000

Accounts receivable = 100,000

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Common Stock = 200,000

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Dividends = 56,000

Expenses = 40,000

Total assets = Accounts receivable + Cash + Inventory + Land

                     = 100,000 + 30,000 +  138,000 + 160,000

                     = $428,000

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Explanation:

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3 0
3 years ago
2(10-24x)+y2evaluate the expression when x=3 and y=5
Semenov [28]

your correct answers is 114


4 0
3 years ago
A. Think of a product and describe the stages of production the product goes through.
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Answer:

D. the price of a unit of output multiplied by the marginal product of labor

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The formula to compute the value of the marginal product of labor is shown below:

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