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Alexeev081 [22]
3 years ago
5

has a standard of 2 direct labor hours per unit. The standard wage rate of each worker is $32.50 per hour. In July, the company

produced 4,770 units and paid workers $190,000 for a total of 8,940 direct labor hours. Compute the direct labor efficiency variance.
Business
1 answer:
ikadub [295]3 years ago
6 0

Answer:

$130 Favourable

Explanation:

Given the above information,

Standard hours = 2 × 4770 = 9,540

Actual hours = 8,940

Standard rate = $32.50

Then, Direct labor efficiency variance is computed as

= ( Standard hours allowed for production - Actual hours taken) × Standard rate per direct labor hour

= [(2 × 4,770) - 8,940] × $32.50

= [9,540 - 8,940] × $32.50

= 600 × $32.50

= $130 Favourable

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mars1129 [50]

<u>Answer:</u>Option C

<u>Explanation:</u>

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The shareholders will also know that company will have positive performance in the future. The information is useful for the investors as this also indicate a positive cash flow in the company's financial statements.

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On June 1, Baby Raising Magazine collected cash of $63,000 on future annual subscriptions starting on July t 1. Journalize the t
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Answer:

The exercise is attached.

Explanation:

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3 0
4 years ago
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andre [41]

Answer:

The BEP will decrease, which is good.

The reason is that C90B has a better profit margin than Y45E so if the sales shift toward C90B the Contribution mix margin ratio will be higher and it will be easy to pay fixed cost and make a gain

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CM 0.75

Y45E

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7 0
3 years ago
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Sidana [21]

Answer:

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8 0
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Anton [14]

Answer:

.A. knowledge

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Business knowledge refers to an entrepreneur's understanding of customers' preferences, staff skills,  business operations and processes, and overall market trends. When expertly gathered, business knowledge is an essential reference point for decision making. The information is useful for continued business growth and identification of new opportunities.

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8 0
3 years ago
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