The per-unit standards for direct labor are 2 direct labor hours at $15 per hour. If in producing 2700 units, the actual direct labor cost was $80000 for 5000 direct labor hours worked, the total direct labor variance is
Answers
The total direct labor variance is -$1,000, indicating that the actual direct labor cost of $80,000 is $1,000 lower than the standard direct labor cost of $81,000.
To determine the total direct labor variance, we compare the actual direct labor cost with the standard direct labor cost. The standard direct labor cost is calculated by multiplying the standard rate per hour ($15) by the standard hours per unit (2 hours) and then multiplying that by the number of units produced (2700). In this case, the standard direct labor cost is $81,000. The actual direct labor cost is given as $80,000.
Standard direct labor cost = $15/hour * 2 hours * 2700 units = $81,000
The actual direct labor cost is given as $80,000.
To calculate the total direct labor variance, we subtract the standard direct labor cost from the actual direct labor cost:
Total direct labor variance = Actual direct labor cost - Standard direct labor cost
= $80,000 - $81,000
= -$1,000
By subtracting the standard direct labor cost from the actual direct labor cost, we find that the total direct labor variance is -$1,000. A negative variance indicates that the actual direct labor cost is lower than the standard direct labor cost. This implies that the company achieved cost savings in direct labor for the production of 2700 units.
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Related Questions
A new manufacturing technology makes it easier to make the
product and causes a shift in the supply curve. What is the new
equilibrium point after implementing the new technology? (Hint:
Determine which direction a easier production shifts the supply
curve and use that direction to pick the resulting equilibrium
point.)
O $6 and 20,000
O $4 and 30,000
O $6 and 30,000
O $4 and 20,000
Answers
name some differences between the requirements and responsibilities between volunteer,intern, and paid jobs
Answers
Answer:
The major difference between job shadowing and an internship is that you perform more duties as an intern than as a job shadow participant. Interns are hired for temporary positions, and they can be paid or unpaid. When you have. a job you are bing paid and normally have more responsibilities.
tell me a story that has happened to you who evers is best i’ll give you point or whatever
Answers
Explanation:
Soo- one time i was in mexico, snorkeling :D
and my dad surprised me with something i didn't expect. a banana. at first i was verrrrrry annoyed, i thought i would've gotten some new gear or stuff. out of nowhere, he takes the bananas out of his pocket and pushes me and my siblings in the water. he chucks a banana at me and i get salt in my eyes, screaming in pain because i hadn't put my goggles on. we swam out to sea, the banana absorbing the salt water. then- the last thing i would expect happened. A SEA TURTLE SNAPPED IT OUT OF MY HANDS LOL
i hope u enjoyed my story :D
When the mortgage rates get high, the housing market will collapse, as fewer people will take loans for buying houses because of higher interest rates, and this will result in a
Answers
explain how a maximum price will affect a market?
Answers
Explanation:
A maximum price occurs when a government sets a legal limit on the price of a good or service – with the aim of reducing prices below the market equilibrium price. ... If the maximum price is set below the equilibrium price, it will cause a shortage – demand will be greater than supply
The major difference between the information-based model and the content-based model is the
Answers
Answer:
The major difference between the information-based model and the content-based model is the way they make recommendations.
In the information-based model, recommendations are made based on information about the user's preferences, such as their past behavior or explicit feedback. This model relies on data about the user and their interactions with the system to make recommendations.
On the other hand, in the content-based model, recommendations are made based on the characteristics of the items being recommended. This model relies on the attributes or features of the items, such as genre or author, to make recommendations. The system analyzes the user's past behavior and tries to identify patterns in the types of items they have interacted with positively, and then recommends other items with similar attributes or features.
Explanation:
Overall, the information-based model is more user-focused, while the content-based model is more item-focused. Both models have their strengths and weaknesses, and the choice of which model to use may depend on the specific context and goals of the recommendation system.
The failure to properly record an adjusting entry to accrue an expense will result in an:
Answers
The failure to properly record an adjusting entry to accrue an expense will result in an understatement of expenses and an understatement of liabilities. This is further explained below.
What are expenses?Generally, expenses are simply defined as what it would take or what it would cost to do anything.
In conclusion, Incorrectly recording an accrual adjustment entry will result in a misstatement of both costs and liabilities.
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The business cycle affects output and employment in capital and durable goods industries more severely than in industries producing non-durable goods because, ______. Multiple choice question. during a boom, business investment in new capital goods and consumer spending on new durable goods decline sharply during a recession, business and consumer spending on nondurable goods decline sharply during a recession, business investment in new capital goods and consumer spending on new durable goods rise sharply during a recession, business investment in new capital goods and consumer spending on new durable goods can be postponed
Answers
Answer:
During a recession business investment in new capital goods and consumer spending on new durable goods can be postponed
Explanation:
The business cycle are simply cycles or series of cycles of economic expansion and contraction.
An Economic expansion is simply defined as an increase in the level of economic activity, goods and services available. It is a period of economic growth usually measured by a rise in real GDP.
Economic growth
Economic growth is an increase in the capacity of an economy to produce goods and services, usuallycompared from one period of time to another time.
The four phases of the business cycle are;
1. Peak
2.Recession
3. Trough
4. Expansion
The length of a complete cycle usually varies from 2-3 years to 15 years.
1.research all entry level of position of hotel 2.job description
3.job title
4.job summary
5.job responsibility
please help me please help due date na nito bukas
Answers
Answer: Please Rate + Thank + Brainliest
Explanation:
Sure, I can help you with that! Here's some information on entry-level positions in hotels, including job descriptions, job titles, job summaries, and job responsibilities:
Entry-Level Positions in Hotels:
Front Desk Clerk/ReceptionistHousekeeping StaffFood and Beverage Server/AttendantMaintenance Worker/TechnicianPorter/BellhopJob Description:
Front Desk Clerk/Receptionist: responsible for checking guests in and out, answering phone calls and emails, making reservations, and handling customer inquiries and complaints.Housekeeping Staff: responsible for cleaning guest rooms, common areas, and public spaces, replenishing supplies, and reporting any maintenance issues to the appropriate department.Food and Beverage Server/Attendant: responsible for taking food and beverage orders, serving guests, setting up and cleaning dining areas, and handling payment transactions.Maintenance Worker/Technician: responsible for performing routine maintenance tasks, such as repairing equipment and fixtures, painting, and cleaning.Porter/Bellhop: responsible for helping guests with their luggage, directing them to their rooms, and providing information about the hotel and its amenities.Job Titles:
Front Desk Clerk/ReceptionistHousekeeping StaffFood and Beverage Server/AttendantMaintenance Worker/TechnicianPorter/BellhopJob Summary:
Front Desk Clerk/Receptionist: Provide excellent customer service to guests, check guests in and out, and handle guest inquiries and complaints.Housekeeping Staff: Ensure the cleanliness and comfort of guest rooms and public spaces, report maintenance issues to the appropriate department, and replenish supplies as necessary.Food and Beverage Server/Attendant: Provide excellent customer service, take food and beverage orders, serve guests, and handle payment transactions.Maintenance Worker/Technician: Perform routine maintenance tasks, repair equipment and fixtures, and keep the hotel in good condition.Porter/Bellhop: Provide assistance to guests with their luggage, direct guests to their rooms, and provide information about the hotel and its amenities.Job Responsibilities:
Front Desk Clerk/Receptionist:Check guests in and outHandle phone calls and emailsMake reservationsHandle guest inquiries and complaintsHousekeeping Staff:
Clean guest rooms and public spacesReport maintenance issues to the appropriate departmentReplenish supplies as necessaryFood and Beverage Server/Attendant:Take food and beverage ordersServe guestsSet up and clean dining areasHandle payment transactionsMaintenance Worker/Technician:
Perform routine maintenance tasksRepair equipment and fixturesKeep the hotel in good conditionPorter/Bellhop:
Provide assistance to guests with their luggageDirect guests to their roomsProvide information about the hotel and its amenitiesI hope this helps!
The petty cash fund is:_______
a. established by estimating payments needed.
b. used to pay small amounts that occur often.
c. a special cash fund.
d. all of these choices are correct.
Answers
The petty cash fund is a special cash fund which is established by estimating payments needed, and used to pay small amounts that occur often.
The purpose of a petty cash fund is to provide the business units with enough cash to cover minor expenditures. It is a special fund which is set up to pay for minor expenses with cash instead of paying by cheque (e.g. fares, tea and coffee, stamps etc).
A petty cash fund is maintained on a periodic basis. The fund is created by drawing a check on the regular cash account maintained by petty cash custodian.
Hence, option D is correct.
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The value proposition for the AARP brand is seen in what kinds of benefits for the members? (Select 3)
Answers
The value proposition for the AARP brand may be observed in the kind of benefits provided to members and efforts made to better the lives of members. The AARP name's security and reputation. The standard of the things on offer.
What constitutes an effective proposition statement?
Every value proposition should address a customer's problem and position your firm as the solution provider. A strong value proposition may emphasize what distinguishes you from rivals, but it should always center on how customers interpret your worth. A value proposition should describe how a product meets a demand, articulate the intricacies of its additional advantage, and clarify why it is superior than similar items on the market. The optimal value proposition is concise and addresses a customer's primary decision-making drivers.
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Knowing the educational requirements for a job you are interested in is very important. For example, to become a doctor would require you to go to school for many years, but to become a carpenter would require you to complete a specialized program through a trade school.
In the space below, write 2 to 3 sentences explaining why knowing the educational requirements for a job you are interested in is important.
Answers
Answer: It is very important because you need to be prepared to invest the time and money necessary to gain the required skills.
Explanation:
A 60-year old customer has a 401(k) account with your firm that has $280,000, mainly invested in growth mutual funds. The customer has an elderly widowed aunt who has died, and he estate attorney has contacted him, notifying him that he has been left $100,000 as an inheritance
Answers
Answer:
Money market instruments is the best place for the investment.
Explanation:
Money market instruments are securities that provide businesses, banks, and the government with large amounts of low-cost capital for a short period of time, less than a year. Most of the money market instruments such as treasury bills, commercial papers, certificate of deposits etc provide fixed returns so this money market instrument is considered the best for investing money for good profit.
state any five types of legal requirements that will be required for your bussiness
Answers
The law state the legal requirements which an entrepreneur is required to obtain when commencing a business. These legal requirements include the necessary permits, licenses, tax registration numbers, insurance policy, labor laws requirements, etc.
This legal requirements isn’t compulsory for an entrepreneur(s) to obtain when starting a business but it’s important. The Companies and Allied Matters provide for different companies that an entrepreneur can register to carry out his business.
A private corporation limited by shares is the suggested legal form for entrepreneurs (private limited liability company). It has a minimum share capital of N500,000 and is registered by at least two individuals legal requirements(Five Hundred thousand Naira)
The Company and Allied Matters Act does not mandate that the share capital be paid in full prior to the start of operations. An entrepreneur, however, can register as a business name if they lack the legal requirements resources to do so as a company.
In order to collect paperwork from the government or private groups on behalf of the business, such as licenses and permits, a business name certificate is necessary legal requirements.
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4.
manager wants to give a pay rise to everyone who is paid less than the average salary.
This table shows the annual salaries of the employees in the company.
Employee
Salary (in £ thousands)
AJ
16
TM
23
WF
23
SW
22
MT
15.5
RD
18.5
JR
20
LS
23
PB
36
Tick all of the employees who are paid less than the median salary.
Answers
Answer: AJ, MT, RD, Jr
Explanation:
Given the following data :
AJ - 16
TM - 23
WF - 23
SW - 22
MT - 15.5
RD - 18.5
Jr - 20
LS - 23
PB - 36
Median salary can be calculated thus :
Arranging salary in ascending order of Magnitude :
15.5, 16, 18.5, 20, 22, 23, 23, 23, 36 (£ thousand)
Meduan salary is the 5th figure in the arrangement = £22 thousand
Therefore, those earning less than the median salary are:
AJ, MT, RD, Jr
When using the weighted average method of process costing, the computation of the cost per equivalent unit includes A. costs incurred during the current period plus the cost of the beginning work in process inventory. B. costs incurred during the current period plus the cost of the ending work in process inventory C. costs incurred during the current period onlyD. costs incurred during the current period plus all of the costs incurred in the prior period.
Answers
When utilizing the weighted average technique of process costing, option A—costs incurred during the current period plus the cost of the beginning work in process.
Inventory—is included in the computation of the cost per equivalent unit. The weighted average technique determines the average cost per unit by taking into account both the cost of the initial work-in-progress inventory as well as the overall cost incurred during the current period. When calculating the cost per equivalent unit using the weighted average technique, the cost of the ending work in progress inventory is not taken into account. Using the weighted average technique, the cost of the initial work in progress inventory (direct materials cost + direct labor cost + manufacturing overhead cost) and the cost per equivalent unit.
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guysss i need helpppp
what color is a carrot plzzzzzz this teacher is on my a.ss about it
Answers
Answer:
BLUE Hope this helps :)))))
Explanation:
............
Answer:
totally megenta
Explanation:
☺️☺️☺️☺️☺️☺️☺️☺️
how does henry george’s proposal for a single tax on land relate to the elasticity of the supply of land? why are there so few remaining advocates of george’s proposal?
Answers
As the supply of land is entirely elastic, it will have no impact on how much is accessible.
What was Henry George's single taxation theory?
According to the Henry George theorem, when government spending on public goods is combined, the result is an increase in aggregate rent based on land value (land rent) that is greater than that sum, with the benefit of the last marginal investment being equal to its cost. Land would eventually be owned as common property rather than as individual property as a result of a single tax. He thought that the single tax, which would result in a significant transfer of wealth, would improve wages, increase capital earnings, eradicate poverty, create jobs, and alleviate other economic evils.
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HELP PLEASE!
1. The Inca civilization's city of Machu Pichu is an example of...
exceptional creative skills
exceptional political skills
exceptional engineering skills
exceptional life skills
2. Before you start practicing as an architect, you must first be certified through:
the NCAA (the National College Athletics Association)
the NWAC (the Northwest Accreditation Committee)
the NCARB (the National Council of Architectural Registration Boards)
the ITSE (the International Technology Symposium of Engineers)
3. Some warehouses and factories may utilize the services of:
an artist
a digital animator
an architect
a meteorologist
4. Ancient architects have used the principles of design to build which of the following?
Homes
Public spaces
Temples & religious spaces
All of the answer choices are correct
5. When researching which career that interests you the most, why is it important to also consider the projected growth of the profession?
It reveals who your competition might be.
It reveals the possible number of jobs that will be available in the field.
It directly relates to how many professional friends you will be making in the future.
Projected growth has no relevance in today's society.
6. An architect will create a design taking into account which factors?
Type of software used to create the architectural design
The quality of paper on which the design is printed
The specific color codes used to indicate the structures in the local area
None of the answer choices are correct
7. Architectural firms bid on what type of projects?
Land excavation projects
Land reclamation projects
Urban space beautification projects
Government and private projects
8. To be an effective City Planner, you must have the ability to work with:
others as well as independently
both structural and mechanical engineers
water quality specialists and pollution controllers
Interior design firms and Urban Planners
9. The structures that a structural engineer designs and builds must take into account which of the following?
Weather
Traffic
Changes in temperature in the structure
All of the answer choices are correct
10. A city planner is responsible for developing effective plans for the development and use of land in which of the following places?
Urban regions
Metroplexes
Small Towns
All of the answer choices are correct
Answers
2.NCARB
3. An architect
4. All of the above
5. It reveals possible number of jobs
6. None of the above
7. Government and private projects
8. Others as well as indepently
9. Traffic
10. Urban regions
QUICKLY PLEASE ITS TIMED!!!!
Which of the following approaches measures team performance by the team's ability to meet specific, predefined goals
O the results approach
the behaviors/process approach
the goals approach
the outcome approach
Answers
Answer:
the results approach.
Explanation:
This is because this approach emphasises on the results and outcomes produced by the team.
The approaches that measures team performance by the team's ability to meet specific, predefined goals is: results approach.
What is result approach?Result approach is a performance evaluation approach and can be defined as the type of approach that is used to determine a person perfomance based on the outcome of their tasks.
Most companies tend to make use of result approach to know how well an employee perform on the tasks they are assigned especially when the employee meet or achieved the set goals.
Therefore the approaches that measures team performance by the team's ability to meet specific, predefined goals is: results approach.
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The national sales manager for your company has pulled you aside and asked you to prepare a sales document (bill) for one of the company's largest clients before the end of the fiscal year which ends this month. This sales document will include items that have not yet been shipped and are not planned for shipment until after this fiscal year. What should you do in this situation
Answers
Answer:
Discuss the situation with your supervisor
Explanation:
Organisations have a reporting structure that is put in place to share responsibility among employees.
Supervisors have higher clearance to information and greater ability to take decisions that affect the business, while the lower level employees have access to less information and do not have the authority to make major decisions that do not comply with set procedure.
In the given scenario the national sales manager wants a sales bill for items that have not yet been shipped and are not planned for shipment until after this fiscal year.
This is against normal procedure.
To get higher authority to endorse that action you will need to discuss the situation with your supervisor.
The big clients may enjoy exception to the rules and this will need to be endorsed by your supervisor
A 3 month loan has $5,000 in proceeds and a discount rate of 3% determine the face value
Answers
Answer:
Given: 3% discount was given of a 3 month loan of $5,000.
First, find 3% of $5,000:
\(\frac{3}{100}\) * $5,000
= 3 * 50
= $150
Then subtract the value with $5,000:
$5,000 - $150 = $4,850
Therefore the face value is $4,850.
An increase in accounts receivable will result in a(n) ______ in cash from sales revenue when using the direct method to determine cash flows from operations.
Answers
When using the direct method for cash flows, one will notice that an increase in accounts receivable would result in a DECREASE in cash.
When an accounts receivable increases:
It means that more debt has been incurred by debtors It means that less money entered into the company as people took goods but did not pay cash for themBecause the people did not pay cash for the goods yet took the goods, the company will see a reduction in its cash balance as the cash value of the goods left the company and there was no cash inflow from that activity.
In conclusion, an increase in accounts receivable leads to a decrease in cash.
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Leora had some money in her wallet. She spent $18.62 buying groceries and had $43.55 left. How much money did she have in her wallet before she bought the groceries?
$24.93
$35.93
$45.41
$62.17
Answers
Answer:
D. $62.17
Explanation:
To get to this conclusion you just have to add 18.62 with 43.55 to get 62.17.
Answer:
62.17
Explanation:
you add 18.62 to 43.55 and get 62.17
In fixed effect regressions what kind of variation in the data
is used for estimating coefficients of independent variables?
Answers
A fixed effect regression is a statistical model that includes a set of dummies for each level of a categorical variable to control for omitted variables that are constant over time.
Fixed effects take out all time-invariant variation in the data. The time-invariant variation is the difference between the average value of the dependent variable across all observations and the average value of the dependent variable for each individual, or group, observed. In the fixed effect model, each individual or group is treated as if they have their own intercept or constant, which allows us to account for the unobserved heterogeneity of individual or group-level characteristics in the model. The fixed effect model is useful for estimating the effect of an independent variable on the dependent variable when the independent variable varies within an individual or group, and the dependent variable is measured over time.
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this u have to consider while planing for inter croping farming
Answers
Answer:
Answer to the following question is as follows;
Explanation:
The soil, temperature, and variety are all factors to consider when deciding which crops to combine. It is critical that crops do not compete for space, nutrients, water, or sunshine with one another. Cultivating one crop having deep roots beside another with shallow roots is an illustration of an intercropping technique.
Kendra needs to organize information about last year's sales. She wants to calculate how much revenue was generated and compare it to sales data from previous years. Which type of program will be the best for Kendra to use to help her achieve task
Answers
Answer:spreadsheet program - apex
Explanation:
Just took the test and failed that question
Drag and drop pricing approaches against the corresponding examples of the approaches.
1. Cost-oriented drop zone empty.
2. Competition-oriented drop zone empty.
3. Demand-oriented drop zone empty.
4. Profit-oriented drop zone empty.
Answers
Answer:
1. Cost - oriented => Economic or value added
2. Competition - Oriented => Price Penetration
3. Demand - Oriented => Price Skimming
4. Profit - Oriented => Premium pricing
Explanation:
Price penetration is a strategy in which low price is charged when the product is introduced in the market and then gradually the prices may rise. This strategy is best suited for competition oriented environment. Premium pricing is a strategy in which high prices are set for goods and then the same price level is maintained for the product. This is best for niche players in the business who capture around 80% of market share and those markets where the competition is near to none.
What is profit?
A. Money lost after all other business expenses, including salaries,
rent, and taxes have been paid.
B. Money remaining when all expenses except salaries, rent, and
taxes have been paid.
C. Money invested after all business expenses, including salaries,
rent and taxes have been paid.
D. Money remaining when all other business expenses, including
salaries, rent, and taxes, have been paid.
Answers
Answer:
D.
Explanation:
Profit is all revenue that is left over after accounting for any and all business expenses incurred over a specific period of time.
For example if you're looking at profit over a quarter, it is the Revenue generated over that quarter - Expenses generated over that quarter, including salary expense, taxes, etc.
consider an asset with beta of 1.2. the expected return on the market portfolio is 13% and the risk-free rate is 5%. suppose you expect the asset to generate a return of 10%. does the asset lie above, below, or on the security market line?
Answers
The security market line (SML) is a graphical representation of the relationship between the expected return and risk of individual securities, given the market's risk and return.
It is plotted by drawing a straight line between the risk-free rate and the market portfolio's expected return. In this scenario, the asset has a beta of 1.2, indicating it is riskier than the market as a whole. Given that the expected return on the market portfolio is 13%, and the risk-free rate is 5%, we can use the Capital Asset Pricing Model (CAPM) to calculate the expected return on the asset.
Using the CAPM, we get an expected return of:
Expected Return = Risk-Free Rate + Beta*(Expected Market Return - Risk-Free Rate)
Expected Return = 5% + 1.2*(13% - 5%)
Expected Return = 14.4%
However, the question states that we expect the asset to generate a return of only 10%. This implies that the asset lies below the SML, as its expected return is lower than the expected return predicted by the CAPM. Therefore, the asset is undervalued in the market, and an investor could consider buying it, given the potential for higher returns than what the market is currently pricing in.
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