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Question - The following labour standards have been established for a particular product:
Standard labour hours per unit of output 9.0 hours
Standard labour rate £15.10 per hour
The following data pertain to operations concerning the product for the last month:
Actual hours worked 8,100 hours
Actual total labour cost £119,880
Actual output 800 units
Required - What is the labour rate variance for the month?
Determine the number of pounds of direct materials purchased and used during the period. Determine the materials quantity variance.
How much would outsourcing customer service increase profit? (Negative value for decrease in profit, give amount as a whole number.)
How much would operating income decrease if Universal did nothing to recover the increase in cost of goods sold, all other things equal?
To obtain these savings, the company must increase its annual fixed costs by $150,000. The maximum output capacity of the company is 40,000 units per year.
What The spending variance for medical supplies in July would be closest to and The spending variance for occupancy expenses in July would be closest to
Explain the primary force that motivates the different positions.
Calculate the total pounds of delivery boxes saved because of the new packaging. How much does this save in dollars? How many trees are saved because of recycling and reduction in demand for boxes?
Assume that Emmet, based on his ABC analysis, decides not to lower the price of the T1 test. What will be the effect on annual company profit if the company loses the business of Nuclear Systems (i.e., T1 tests decrease by 1,750)?
Make a corrected income statement. The agency purchased a new car at the beginning of the month for $24,000 cash. The car will depreciate $6,000 per year.
Provide consolidation worksheet adjusting entries for each of the transactions. XYZ Limited paid rent $1000 to ABC Limited for the month of March.
Explain how the profitability of the company can be made to look better if they were to produce more products, even if they are not all sold right away.
Prepare the administrative expenses budget for XYZ Co. for year 2020 using the Monthly administrators' salaries are $45,000 data
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