1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
EleoNora [17]
3 years ago
6

Information on Westcott Corporation's direct labor costs for a recent month follows: Standard direct labor rate $ 3.75 per hour

Actual direct labor rate $ 3.50 per hour Total standard direct labor-hours allowed for the actual production 10,000 hours Labor efficiency variance $ 4,200 Unfavorable What were the actual hours worked during the month, rounded to the nearest hour
Business
1 answer:
Sever21 [200]3 years ago
3 0

Answer:

11,120 = actual hours

Explanation:

Giving the following information:

Standard direct labor rate $ 3.75 per hour

Total standard direct labor-hours allowed for the actual production 10,000 hours

Labor efficiency variance of $ 4,200 Unfavorable

To calculate the actual hours, we need to use the following formula:

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

-4,200= (10,000 - actual hours)*3.75

-4,200 = 37,500 - 3.75actual hours

-41,700= - 3.75 actual hours

-41,700/(-3.75)= actual hours

11,120 = actual hours

Direct labor time (efficiency) variance= (10,000 - 11,120)*3.75

Direct labor time (efficiency) variance= $4,200 unfavorable

You might be interested in
How does economic efficiency relate to the gains of consumers and producers? a. It a market economy, when the demand for a good
Lelechka [254]

Answer: Option (D) is correct.

Explanation:

The economic efficiency is achieved at a point where demand curve and supply curve intersects each other. This point is known as market equilibrium. The area under the demand curve and above the equilibrium price level is known as consumer surplus.

The area above the supply curve and under the equilibrium price level is known as producer surplus.

Hence, the combine area of consumer surplus and producer surplus have to maximized to have a economic efficiency in an economy.

7 0
3 years ago
Leslie hypothesizes that teenagers who read magazines develop low self-esteem because of the unrealistic expectations set by the
alexdok [17]
<span>group that has unrealistic expectations and therefore the group with the lowest self-esteem on the confidence scale administered by Leslie</span>
6 0
3 years ago
Read 2 more answers
A certain production possibilities frontier shows production possibilities for two goods, jewelry and clothing. Which of the fol
svetoff [14.1K]

Answer:

A certain production possibilities frontier shows production possibilities for two goods, jewelry and clothing. The following concepts can not be illustrated by this concept:

  • the flow of dollars between sellers of jewelry and clothing and buyers of jewelry and clothing.

Explanation:

  • A Production Possibilities Frontier also known as the Production Possibility Curve or Transformation Curve. This curve illustrates a country or a business is utilizing its resources effectively by showing the point at which that country or business is producing its products efficiently.
  • This curve is unable to tell you the flow of dollars between the seller and buyers of goods of a business or a country.
  • It only tells us about the production of goods not the flow of cash.
7 0
3 years ago
Read 2 more answers
Nature's way, a health food store, has just opened in a popular neighborhood shopping center next to silver's gym, a physical fi
Afina-wow [57]
The nature's way is relying on a location principle called retail compatibility. It is where they place their location in a more suitable environment that will fit the category of their business. It could be seen above as because their business is about promoting healthy foods, they are placed near the gym where people in the gym would be attracted to their business.
6 0
3 years ago
Mr. Jacob, who is terminally ill, writes a will transferring all his assets to his daughter Silvia, in the event of his death. T
Anit [1.1K]

Answer:

Invalid

Explanation:

Since it is stated in the will, that upon his death should the assets be transferred, it means that Silvia doesn't get anything until Mr Jacob ceases to be alive.

With the new development as regards Mr Jacob living for 6 more months before dying, Silvia has no assets yet and as such cannot transfer anything to Jacob Jnr.

Cheers

8 0
3 years ago
Other questions:
  • BerryBerry is a fruit juice company that has traditionally sold three varieties of mixed-fruit juices: DazzleBerry, AquaBerry, a
    6·1 answer
  • 'Nagia Steel Pvt. Ltd.' has divided the whole of its business into five departments. Now the
    10·1 answer
  • Offset overflow freeze set when offset storage within idrs is not large enough to hold all generated transactions, or credit bal
    13·1 answer
  • Rebecca works for a company that has clearly defined lines of authority. Each employee knows that he or she has authority and re
    8·1 answer
  • Buying goods or services instead of producing or providing them in-house is called:
    14·1 answer
  • Midori Company had ending inventory at end-of-year prices of $138,500 at December 31, 2013; $165,771 at December 31, 2014; and $
    14·1 answer
  • Car X can come with any of these 5 additional features: sunroof, stereo, tinted windows, leather seats and cruise control.
    11·1 answer
  • A company received a proposal for the development of a new software. While analyzing the specifications, it was found that there
    5·1 answer
  • Notice that real GDP trends upward over time but experiences ups and downs in the short run. A period of declining real GDP, suc
    12·1 answer
  • Assessing how customers in the target market evaluate price is the _______ stage in the pricing process.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!