Answers

NS

Answered

The standards for product G78V specify 5.5 direct labor-hours per unit at $13.50 per direct labor-hour. Last month 1,740 units of product G78V were produced using 9,600 direct labor-hours at a total direct labor wage cost of $122,220.Required:a. What was the labor rate variance for the month?b. What was the labor efficiency variance for the month?

On Jun 19, 2024


a. Labor rate variance = (Actual hours × Actual rate) − (Actual hours × Standard rate)= ${{[a(5)]:#,###}} − ({{[a(4)]:#,###}} hours × ${{[a(2)]:#,###.00}} per hour)= ${{[a(5)]:#,###}} − ${{[a(6)]:#,###}}= ${{[a(7)]:#,###}} Favorableb. Standard hours = Standard hours per unit × Actual output = {{[a(1)]:#,###.0}} hours per unit × {{[a(3)]:#,###}} units = {{[a(8)]:#,###}} hoursLabor efficiency variance = (Actual hours − Standard hours) × Standard rate= ({{[a(4)]:#,###}} hours − {{[a(8)]:#,###}} hours) × ${{[a(2)]:#,###.00}} per hour= {{[a(9)]:#,###}} hours × ${{[a(2)]:#,###.00}} per hour= ${{[a(10)]:#,###}} Unfavorable
NS

Answered

In which closing approach does the salesperson act as if the buyer has already decided to purchase?

A) alternative close
B) assumptive close
C) summary close
D) commitment close
E) concrete close

On Jun 16, 2024


B
NS

Answered

What is a big difference between the marketing of today versus marketing products 50 years ago?

A) ​Very few marketing strategies were developed and implemented 50 years ago.
B) ​Today's marketers can more precisely define and understand consumer needs.
C) Marketing programs are much less expensive today than they were 50 years ago.
D) ​Marketers of 50 years ago could not engage in market segmentation.
E) ​Marketing was more accepted in organizations 50 years ago than today.

On May 18, 2024


B
NS

Answered

If a business is losing money in the short run,the owner will try to minimize

A) losses per unit of output.
B) total cost.
C) total losses.
D) output.
E) variable costs.

On May 17, 2024


C