The following labor standards have been established for a particular product:
Standard labor-hours per unit of output 10.3 hours
Standard labor rate $14.10 per hour
The following data pertain to operations concerning the product for the last month:
Actual hours worked 8,100 hours
Actual total labor cost $110,970
Actual output 900 units
What is the labor efficiency variance for the month?
a. $16,029 F
b. $16,497 F
c. $19,737 F
d. $19,737 U
Answers: 3
Business, 21.06.2019 17:40, kimutaitanui2228
Which of the following best explains cost-push inflation? a. increasing wages for workers drive up the cost of production, forcing producers to charge more to meet their costs. b. consumers demand goods faster than they can be supplied, increasing competition among buyers. c. rising prices for goods and services reduce spending power and cut into consumer demand. d. wages drop so that workers have to spend a higher percentage of income on the cost of necessities.2b2t
Answers: 1
Business, 21.06.2019 21:40, khynia11
Torino company has 1,300 shares of $50 par value, 6.0% cumulative and nonparticipating preferred stock and 13,000 shares of $10 par value common stock outstanding. the company paid total cash dividends of $3,500 in its first year of operation. the cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders is:
Answers: 2
The following labor standards have been established for a particular product:
Standard labor-hours...
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