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Shtirlitz [24]
3 years ago
9

Which of the following is not true regarding the use of labor variance information? a.The actual wage rate is almost always diff

erent from the standard rate. b.Unexpected overtime can cause variation in the labor rate. c.An average wage rate is chosen as the labor rate standard. d.The actual wage rate is used in determining the labor rate variance. e.The production manager controls the use of labor.
Business
1 answer:
Readme [11.4K]3 years ago
6 0

Answer:

Option A is false statement among these.

<u>The actual wage rate is almost always different from the standard rate</u>

Explanation:

The actual wage rate paid and standard rate established can be different causing the labour rate variance.

Direct labour cost variance is the difference between the standard cost for actual production and the actual cost in production. There are two kinds of labour variances. Labour Rate Variance is the difference between the standard cost and the actual cost paid for the actual number of hours.

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3 years ago
Kasapreko Company Limited is a wholly Ghanaian-owned company with branches in Nigeria, South Africa and Germany. With relevant e
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Answer:

The definition of the problem is listed in the explanation segment below.

Explanation:

The diverse worldview is referred to as one of the OLI systems, in which OLI refers to possession, place, and internalization.

  • Organizations such as Kasapreko have been looking for potential customers and have used distant markets such as Nigeria, Africa as well as Germany as either a path to expanding industry with a large portfolio and selling more revenue-generating products. However, companies see strategies to increase expertise by allowing efficiencies of scale. Concurrently, the statistics that suggest that the company is searching for options to achieve scale economies as well as minimize costs per unit by that competence by entering various markets.
  • Shareholding benefit talks for focus points which represent the unique upper hand of the firm's ideas by engaging in FDI. The Kasapreko company has planned R&D to produce experimental data informative, natural-based blended beverages in Ghana and seems to be unprecedented.

<u>Advantage of Location:</u>

The corporation has its leading headquarters throughout Ghana which is suitable for trading platforms such as South Africa and Nigeria as well as, in addition to using the development of digital technology/data innovation, such as the internet stock management framework, provides the organization an odd phenomenon through which to come to terms with coordination employment.

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It has been allowed the company to create an integrated quality assurance system and an object development facility in there and, in turn, to carry out its special bespoke bottles and caps.

8 0
3 years ago
If a firm borrows ​$8 comma 000 from households at an annual interest rate of 6 ​percent, how much will the firm pay in interest
laila [671]

Answer:

The firm will pay 480 dollars each year as interest payment.

Explanation:

The interest amount is calculated by multiplying the rate of interest with the amount borrowed. In problem loan is 8,000 dollars and rate of interest is 6%, so the interest amount will be calculated as follow

Interest payment = 8,000 * 6% = 480 dollars

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