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sotocindy023
19.12.2019 •
Business
Action enterprises recently used 13,000 labor hours to produce 7,400 completed units. according to manufacturing specifications, each unit is anticipated to take two hours to complete. the company's actual payroll cost amounted to $148,200. if the standard labor cost per hour is $11.3, action’s labor rate variance is (do not round intermediate calculations.):
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Ответ:
$1,300 Unfavorable
Explanation:
Given that,
Labor hours used for production = 13,000
Completed units = 7,400 units
According to manufacturing specifications,
Each unit is anticipated to take two hours to complete,
Company's actual payroll cost amounted = $148,200
Action's labor rate variance:
= (SR × AH) - (AR × AH)
= [($11.3 × 13,000) - $148,200]
= $146,900 - $148,200
= $1,300 Unfavorable
Ответ:
labor rate variance = $1300 Unfavorable
Explanation:
given data
recently used = 13,000 labor hours
produce = 7,400
time = 2 hours
actual payroll cost = $148,200
standard labor cost per hour = $11.3
to find out
labor rate variance is
solution
we get here labor rate variance that is express as
labor rate variance = standard labor × recently used 1
put here value we get here labor rate variance that is
labor rate variance = 11.3 × 13,000 - 148,200
labor rate variance = $1300 Unfavorable
Ответ:
c) Investment in a DPP (Direct Participation Program)
Explanation:
Direct Participation Programs are a form of limited partnership. DPP has the lack of liquidity, since ownership interests are not always freely transferrable and require the approval of a general partner of the DPP. Each of the other items listed are more liquid on a short-term basis. Bonds can be sold, bond fund shares can be redeemed, equities are easily sold in the secondary market, and though CDs are not transferrable, the maximum maturity is 1 year or less, so the client would have short-term access to the funds invested.