Answer:
Std rate per hour: 11.00
Std hours = 1000*2 =2000
Actual hours = 1850
Actual rate = 11.80
Labor cost variance = Std cost - Actual cost
Labor cost variance = (2000*11) - (1850*11.80)
Labor cost variance = 170 Unfavorable
Labor rate variance = Actual hrs (Std rate - Actual rate)
Labor rate variance = 1850 *(11-11.80)
Labor rate variance = 1480 Unfavorable
Labor qty variance = Std rate (Std hrs-Actual hrs)
Labor qty variance = 11 (2000-1850)
Labor qty variance = 1650 Favorable.
Answer:
Specific performance.
Explanation:
In this case, Vanta Blue even pay upfront although Cyra end up not showing up. Cyra is suppose to perform as it is dealed.
Answer:
Net present value
Explanation:
<u>Missing Information </u>
Weighted average cost of capital: 8% and Solve for net present value:
investment: project outlay 20,500,000 + increase in working capital 450,000
F10 salvage value: 300,000 + 450,000 liberate working capital
cahsflow per year income 1,111,000
C 1,111,000.00
time 10
rate 0.08
PV $7,454,900.4342
Maturity $750,000.00
time 10.00
rate 0.08000
PV 347,395.1161
Net present value
7,454,900 + 347,395 - 20,500,000 - 450,000 = -13.147.705