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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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Andrew owns a popular, but expensive Chinese restaurant. In order to introduce more people to his brand, he offers a series of o
lana66690 [7]

Answer: <em>customers' lack of money </em>

Explanation:

Here, in this particular case we can state that the restaurateur Andrew who owns and run a popular contemporary but expensive Chinese restaurant is addressing the fact that customer's lack money. The fact in this particular case is that consumers are willing to pay a modest amounts for the small amount of food being served while in contrast not paying for the "atmosphere" of his restaurant.

3 0
3 years ago
Customer retention rate customer satisfaction and market share are all example of?
Zina [86]

Customer retention rate, customer satisfaction, and market share are all the examples of marketing performance.

What is meant by marketing performance?

  • Marketing performance is the alignment between goals and objects of marketing team versus actual results. It is measured using metrics and Key Performance Indicators (KPIs), including return on investment, cost per sale, cost per lead, conversion rate, and customer lifetime value.
  • The planning and execution of marketing activities are required to happen simultaneously and are under the label of marketing performance.

To read more about marketing performance, refer to :

brainly.com/question/28316044

#SPJ4

3 0
2 years ago
Suppose that over the past year, the real interest rate was 6 percent and the inflation rate was -2 percent. It follows that a.
ANEK [815]

Answer:

d

Explanation:

Nominal interest rate = real interest rate + inflation rate

6 - 2 = 4%

Inflation is a persistent rise in the general price levels

Types of inflation

1. demand pull inflation – this occurs when demand exceeds supply. When demand exceeds supply, prices rise

2. cost push inflation – this occurs when the cost of production increases. This leads to a reduction in supply. Higher prices are the resultant effect  

if inflation declined by 2 percent, it means purchasing power increased by 2%.

Total increase in purchasing power = 6 + 2 = 8

6 0
3 years ago
Suppose that you have found the optimal risky combination using all risky assets available in the economy, and that this optimal
kiruha [24]

Answer:

d

Explanation:

7 0
3 years ago
If D1 = $1.25, g (which is constant) = 4.7%, and P0 = $26.00, what is the stock's expected dividend yield for the coming year?
Andre45 [30]

Answer:

the expected dividend yield is 4.81%

Explanation:

The computation of the stock expected dividend yield is shown belo:

Stock expected dividend yield is

= Dividend ÷ Price

where,

Dividend is $1.25

And, the price is $26

Now place these values to the above formula

So, the expected dividend yield is

= $1.25 ÷ $26

= 4.81%

Hence the expected dividend yield is 4.81%

4 0
4 years ago
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