The idea behind the Kanban system is to authorize materials for production only if there is a need for them.a) trueb) false

Answers

Answer 1

Answer: True

Explanation:

Kanban is a Lean tool that is designed in order to reduce idle time that occurs during production. The Kanban system was put in place to remove wastages so that what the process needs will be delivered exactly when they are needed.

The idea behind the Kanban system is to authorize materials for production only if there is a need for them.


Related Questions

Considering the communication process, an advertisement of a particular copier machine model would be considered:

Answers

Answer: encoding

Explanation:

Considering the communication process, an advertisement of a particular copier machine model would be considered encoding.

Encoding simply helps in the translatation of the idea relgarding a message into symbols or words which should be easily understood by the receiver. The copier machine is sending tothe sender.

Which federally supported credit agency was established to trade student loan debt?
A. Fannie Mae.
B. Freddie Mac.
C. Farmer Mac.
D. Sallie Mae.

Answers

Answer:

D. Sallie Mae.

Explanation:

Sallie Mae was established to trade students loan debt. The association provided debt management services. Initially it was known as the Student Loan Marketing Association and it was first set up in 1973. The association used to be if the government because it was used to give federal education loans. It became private later on and was used to finance private loans for education.

White House officials often exude more confidence than they actually feel about future prospects for the economy. Why might this be a good strategy? Are there any dangers inherent in it?

Answers

Answer:

Following are the answer to this question:

Explanation:

It is a great approach since it encourages and guarantees enhanced investment in infrastructure. Even so, a reduction in the possible future investment funds caused by government confidence will also result in business mistakes or failures throughout the investment process, and that's why the officials of the White House frequently exude a greater level of pride in prospects for the economic system than they feel.

Rex and Sandy are partners. Rex has a capital balance of and Sandy has a capital balance of . Marcus contributes a building with a fair market value of in order to acquire an interest in the partnership. What is​ Marcus's partnership share after he makes the​ investment? (Assume no bonus to any partner. Round the percentage to one decimal​ place.)

Answers

Answer:

25.29%

Explanation:

the numbers are missing, so I looked for a similar question:

Rex's capital balance = $370,000Sandy's capital balance =  $280,000Marcus contributed a building worth = $220,000

the partnership's total capital = $370,000 + $280,000 + $220,000 = $870,000

Marcus's share in the partnership = value of building / partnership's total capital = $220,000 / $870,000 = 25.29%

Roberto Corporation was organized on January 1, 2021. The firm was authorized to issue 88,000 shares of $5 par common stock. During 2021, Roberto had the following transactions relating to shareholders' equity: Issued 10,800 shares of common stock at $5.70 per share. Issued 19,300 shares of common stock at $9.70 per share. Reported a net income of $98,000. Paid dividends of $41,000. Purchased 3,500 shares of treasury stock at $11.70 (part of the 19,300 shares issued at $9.70). What is total shareholders' equity at the end of 2021

Answers

Answer:Shareholder's equity =$264,820

Explanation:

Purcahse of treasury stock =Shares purchased×price purchased

=3,500 shares×$11.70 per share

=$40,950

Shareholder's equity =Equity capital+Net income− Dividend−Treasury stock

Given

Net income = $98,000

  Dividends =$41,000

but Equity capital =Shares issued× the Issued price + Shares issued× the Issued price +....

= 10,800 x $5.70 + 19,300 x 9.70=61,560 + 187,210=$248,770

Shareholder's equity = $248,770 + $98,000 - $41,000 -$40,950= $264,820.


Should companies hire only people who represent the company image based on how they look?

Answers

No, companies need to hire people who have experience.

The management of Green Energy Manufacturing is analyzing variable overhead variances for the fiscal period just ended. The flexible budget called for $176,000 in variable overhead but actual variable overhead was $100,000. In computing the overhead variances, Green’s management discovered that it had used 40,000 pounds of direct material, rather than the budgeted amount of 44,000 pounds. (Pounds of direct material is the single overhead driver of variable overhead). The standard variable overhead rate per pound of direct material is $2.00.
What is Green's variable overhead efficiency variance?
A. $ 8,000 (U)
B. $16,000 (F)
C. $24,000 (U)
D. $ 8,000 (F)

Answers

The answer is 20,000 (U).

suppose the returns on long term corporate bonds and T-bills are normally distributed. Based on the values below answer the following questions: what is the probability that in any given year, the return on long-term corporate bonds will be greater than 10 percent? long term corporate bonds average return= 6.30%

Answers

Answer:

32.35% ( the probability that in any given year, the return on long-term corporate bonds will be greater than 10 percent )

Explanation:

Given data for long-term corporate bonds

Standard deviation : 8.3%

mean = 6.2%

To calculate the probability that in any given year, the return on long-term corporate bonds will be greater than 10 percent ( USING THE NORM-DIST FUNCTION )

P( x > 10% ) = 1 - P(x<10%) = 1 - NORM-DIST (10,6.2,8.3,TRUE ) = 0.3235

= 32.35%

attached below is the missing part of your question

International trade currently involves about ______________ worth of goods and services thundering around the globe. Group of answer choices

Answers

Answer: $20 trillion

Explanation:

International trade is a trade that occurs between different countries. Die to international trade, several countries can buy the goods and services that are not being produced in their countries.

It should also be noted that International trade currently involves about $20 trillion worth of goods and services thundering around the globe.

A method of allocating merchandise cost that assumes the first merchandise bought was the first merchandise sold is called the

Answers

Answer:

First - in - First - Out (FIFO) method

Explanation:

The First - in - First - Out (FIFO) method, assumes that the first goods received by the business will be the first ones to be delivered to the final customer.

It assumes that goods have been used in the order in which they are purchased.

The following data relates to Spurrier Company's estimated amounts for next year. Estimated: Department 1 Department 2 Manufacturing overhead costs $1,360,000 $3,560,000 Direct labor hours 553,000 DLH 803,000 DLH Machine hours 103,000 MH 37,000 MH What is the company's plantwide overhead rate if direct labor hours are the allocation base? (Round to two decimal places)

Answers

Answer:

$3,628  per direct labour hour.

Explanation:

Total manufacturing overhead cost and total direct labour hours

Particulars                                       Dep 1             Dep 2          Total

Manufacturing overhead cost     1,360,000 3,560,000    4,920,000

Direct labour hours                       553,000     803,000     1,356,000

Plant-wide overhead rate = Total manufacturing overhead / Total direct labour rate

Plant-wide overhead rate = $4,920,000 / 1,356,000

Plant-wide overhead rate = $3,628

Therefore, the Plant-wide overhead rate is $3,628  per direct labour hour.

bank pays interest quarterly with an EAR of 9​%. What is the periodic interest rate applicable per quarter​

Answers

Answer:

2.18%

Explanation:

Effective interest rate = (1+i/m)^n - 1

i is stated as interest rate

m is the compounding frequency

Here, the compounding is quarterly and the effective interest rate is 8%

Since one year is equal to 4 quarter, the value of m is equals to 4

Effective interest rate = (1 + i/4)^4 - 1

9% = (1 + i/4)^4 - 1

0.09 + 1 = (1 + i/4)^4

(1.09)^1/4 = 1 + i/4

1 + i/4 = 1.02178

i/4 = 1.02178 - 1

i/4 = 0.2178

i/4 = 2.18%

Which of the following is not a part of checking a diversified company's business units for cross-business competitive advantage potential?
A. Ascertaining the extent to which sister business units have value chain match-ups that offer opportunities to combine the performance of related value chain activities and reduce costs
B. Ascertaining the extent to which sister business units have value chain match-ups that offer opportunities to transfer skills or technology or intellectual capital from one business to another
C. Ascertaining the extent to which sister business units are making maximum use of the parent company's competitive advantages

Answers

Answer:

C. Ascertaining the extent to which sister business units are making maximum use of the parent company's competitive advantages.

Explanation:

For a diversified company that has many business units, it is important for the sister units to provide opportunities that make more profit for the business.

These opportunities are generated by the ability of each sister unit to have a unique competitive edge not shared by other business units.

In analysing cross business competitive advantage among sister units, we don't consider which sister business units are making maximum use of the parent company's competitive advantages.

This is because the company's competitive advantage is a trait shared by all the business units. It does not show a unique competitive edge of sister units.

If a bushel of wheat costs $3.20 in the US and costs 40 pesos in Mexico and the nominal exchange rate is 10 pesos per dollar, then the real exchange from the US perspective is 0.80. The US will…

Answers

Answer:

If a bushel of wheat costs $3.20 in the US and costs 40 pesos in Mexico and the nominal exchange rate is 10 pesos per dollar, then the real exchange from the US perspective is 0.80. The US will…

increase exports of wheat to Mexico.

Explanation:

As the US increases exports of wheat to Mexico, it will receive more income per bushel since a bushel of wheat costs more in Mexico than in the US.  While a bushel of wheat costs $3.20 in the US, it costs $4.00 per bushel in Mexico.  Exports of wheat to Mexico will yield income in excess of $0.80 per bushel.

The $0.80 excess is computed from the difference between the dollar cost in Mexico and the dollar cost in US. With the exchange rate of 10 pesos per dollar, 40 pesos will be equal to $4.00.  So, if it costs $3.20 in US and $4.00 in Mexico, the best option would be to export more to Mexico and reap in the extra $0.80 ($4.00 - $3.20) per bushel.

In a lean environment, the journal entry to record conversion costs would include a debit to the raw and in process inventory account.
a) true
b) false

Answers

Answer: True

Explanation:

Lean is used by organizations in order to prevent wastages and to also improve the effectiveness and efficiency at such organizations.

In a lean environment, the journal entry to record conversion costs would include a debit to the raw and in process inventory account.

The answer above is true.

Polk Products is considering an investment project with the following cash flows:
Year Cash Flow
0 $100,000
1 40,000
2 90,000
3 30,000
4 60,000
The company has a 10 percent cost of capital. What is the project's discounted payback? Show your calculations?
a. 1.67 years
b. 1.86 years
c. 2.11 years
d. 2.49 years
e. 2.67 years

Answers

Answer:

b. 1.86 years

Explanation:

The computation of the project's discounted payback is shown below:-

Year   Cash Flows      Discounted CFs (at 10%)        Cumulative

 

                                                                                Discounted CFs

0        -$100,000           -$100,000                          -$100,000

1          $40,000              $36,363.64                       -$63,636.36

2          $90,000              $74,380.17                        $10,743.80

3          $30,000               $22,539.44                      $33,283.25

4          $60,000               $40,980.81                      $74,264.05

Discounted Payback Period = Years before full recovery +

(Uncovered Cost at start of the year ÷ Cash Flow during the year)

Now we will put the values into the formula

= 1 + ($63,636.36 ÷ $74,380.17)

= 1 + 0.86

= 1.86 years

The Campbell Company is considering adding a robotic paint sprayer to its production line. The sprayer's base price is $1,090,000, and it would cost another $22,500 to install it. The machine falls into the MACRS 3-year class (the applicable MACRS depreciation rates are 33.33%, 44.45%, 14.81%, and 7.41%), and it would be sold after 3 years for $627,000. The machine would require an increase in net working capital (inventory) of $16,500. The sprayer would not change revenues, but it is expected to save the firm $430,000 per year in before-tax operating costs, mainly labor. Campbell's marginal tax rate is 30%. Cash outflows, if any, should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to the nearest dollar.
a. What is the Year-0 net cash flow?
$
b. What are the net operating cash flows in Years 1, 2, and 3?
Year 1: $
Year 2: $
Year 3: $
c. What is the additional Year 3 cash flow (i.e, the after-tax salvage and the return of working capital)?
$
d. If the project's cost of capital is 13 %, what is the NPV of the project?
$
Should the machine be purchased?
a. Yes
b. No

Answers

Answer:

a) -$1,129,000

b) net operating cash flows:

year 1 = $412,239

year 2 = $448,152

year 3 = $350,428

c) total year 3 cash flow (including after tax salvage value and working capital) = $831,759

after tax salvage value = $464,831

working capital = $16,500

d) NPV = $179,733

e) the machine should be purchased

Explanation:

initial investment year 0 = $1,090,000 + $22,500 + $16,500 (net working capital) $1,129,000

depreciation per year:

year 1 = 33.33% x $1,112,500 = $370,796

year 2 = 44.45% x $1,112,500 = $490,506

year 3 = 14.81%% x $1,112,500 = $164,761, carrying value after depreciation = $86,437

if sold at $627,000 at the end of year 3, the after tax net cash flow = $627,000 - [($627,000 - $86,437) x 30%] = $464,831

cash flow year 1 = [($430,000 - $370,796) x (1 - 30%)] + $370,796 = $412,239

cash flow year 2 = [($430,000 - $490,506) x (1 - 30%)] + $490,506 = $448,152

operating cash flow year 3 = [($430,000 - $164,761) x (1 - 30%)] + $164,761 = $350,428

total cash flow year 3 = [($430,000 - $164,761) x (1 - 30%)] + $164,761 + $16,500 +  $464,831 = $831,759

NPV = $179,733

< Back to Assignment Attempts: Average: / 1 3. Rules versus discretion This question addresses the issue of whether monetary policy should be made by discretionary policy or be implemented according to a set of rules. Which of the following statements reflect arguments in favor of policy by rule rather than discretion? Check all that apply. The time inconsistency of policy problem can be eliminated by having the central bank commit to a particular policy rule. Monetary rules may lead to a lower sacrifice ratio because the public is more confident that the Federal Reserve will keep inflation low. It is impossible for a policy rule to consider all the possible scenarios and specify, in advance, the right policy response. It is better to appoint qualified individuals who will respond to any situation as best they can. Monetary rules reduce the flexibility of the Federal Reserve. Grade It Now Save & Continue Continue without saving

Answers

Answer:

Monetary rules may lead to a lower sacrifice ratio because the public is more confident that the Federal Reserve will keep inflation low.The time inconsistency of policy problem can be eliminated by having the central bank commit to a particular policy rule.

Explanation:

Monetary Policy by a central bank is what decides how much money will be in an Economy and so can have influence on interest and inflation rates.

There have been some arguments as to whether Central banks like the Fed should use a Rule based approach where monetary policy is in line with set rules vs Discretionary where the Fed can implement monetary policy based on their perception of Economic events.

Some of the arguments presented by proponents for the Rule based approach are;

If certain rules in place to govern monetary policy in terms of inflation keep the inflation rate stable and low, the sacrifice ratio will be lower. The sacrifice ratio refers to the costs of a fluctuating inflation rate on the economy with producers producing less when inflation falls as they wait for it to rise again. If the rate is kept low, the producers would have to produce regardless. If the Fed were to commit to certain rules, policy will be implemented on a consistent basis such as the increase in money supply every period. This would remove the time inconsistency of policy problem.

According to, "Ditching the Dollar," having multiple reserve currencies to choose from is healthy because:

Answers

Answer: D. If one country creates all the reserves it can prevent other countries from trading.

Explanation:

Ditching the Dollar refers to a movement by nations to reduce the dependence on the US. dollar for transactions.

The USD is the major currency for trade around the world with it accounting for the currency of use in more than 50% of the entire World trade. This was due to the Bretton Woods Agreement and System which at the time pegged the USD to gold and other currencies at certain value to the USD.

The influence the USD gained that day continues today. Countries however are increasing becoming fed up by the United States using the Dollar to impose trade restrictions and sanctions on countries and then requiring everyone to fall in line because trades are mostly done in the currency controlled by the US, the USD.

For instance, when sanctions were imposed on Iran, the European Union looked for alternative means of payment for Iranian oil.

Ditching the Dollar therefore argues that having multiple reserve currencies to choose from is healthy because one country will not be able to control world trade as the US has.

Assume company can produce any amount above 3.4 units. Naploc purchased the equipment for $12,000 and did not start production yet. Market price is $400. Tebit Inc, another company that operates in the same industry desperately needs equipment and makes an offer to Naples. Debit already knows Naples cost structure. What is the lowest price that Tebit should offer for the equipment

Answers

Answer: $12,000

Explanation:

As no production has been started yet, no other costs have been incurred by Naples for the equipment other than the $12,000.

The lowest price that Tebit should offer therefore should be the price that the equipment was purchased for as the equipment has not not been used to produce anything and so has not incurred any variable costs or donated any incremental value that would decrease or increase its value.

In the late the unemployment rate dropped below the natural rate of employment. Firms with cavancies wer having to pay:______.

Answers

Complete Question:

In the late 1990's, the unemployment rate dropped below the natural rate of unemployment. Firms with vacancies were having to pay higher wages to try and fill job openings. If inflation were to begin, it would most likely be described as:

A. Deficit pull inflation

B. Demand pull inflation

C. Cross deficit inflation

D. Cost push inflation

Answer:

Option D. Cost push inflation

Explanation:

The inflation that is all because of increase in the prices of input labor, Material, Overhead, etc. Thus increase in the price of end product is an impact of increase in input cost and also because of decreased supply of product. The decrease in product supply is because only those firms produce products that have a competitive cost advantage.

In the current case, when the unemployment rate falls below the natural rate of employment then this means that the demand of the labor has increased and thus the salaries and wages of the employee will also increase. The new job opening will have to be filled by putting forward an attractive offer to recruit employees. This is cost push inflation, because the cost of the input has increased which will increase the cost of production and thus increasing the price of the end product.

On October 1, Ebony Ernst organized Ernst Consulting; on October 3, the owner contributed $83,110 in assets to launch the business. On October 31, the company’s records show the following items and amounts. Cash $ 13,470 Cash dividends $ 2,200 Accounts receivable 12,940 Consulting fees earned 12,940 Office supplies 2,400 Rent expense 2,640 Land 45,860 Salaries expense 5,920 Office equipment 17,020 Telephone expense 800 Accounts payable 7,820 Miscellaneous expenses 620 Common stock 83,110
Using the above information prepare an october income statement for the business.

Answers

Answer:

Ebony Ernst

Income statement for the month ended October 31

Consulting fees earned        $12,940

Less Expenses :

Rent expense                        ($2,640)

Salaries expense                  ($5,920)

Telephone expense                ($800)

Miscellaneous expenses        ($620)

Profit or (Loss)                         $2,960

Explanation:

Income Statement shows the profit or loss resulting from the companies operations.

The Income statement comprises of revenues or income items and expenses items only.

So be careful to consider only these in solving this problem.

The Profit or loss is the final result and is determined by deducting expenses from revenue or income.

An individual purchased a taxable corporate bond at a premium. The bond has a remaining ten year maturity period. For federal income tax purposes, amortization of the premium:________

Answers

Available Options Are:

A. Increases investment interest expense

B. Is required

C. Reduces interest income

D. Increases interest income

E. Increases the basis of the bond

Answer:

Option C. Reduces Interest Income

Explanation:

The reason is that when we amortize the premium the carrying value of the bond decreases which decreases the principal amount and thus the interest calculated will also be decreased. The decrease in principal amount is because of the difference between the coupon rate of the bond and the firm's required rate of return.

Hence the amortization of the premium reduces the interest income.

One of the big weaknesses of organization structures that do not have cross-business collaboration is A. making it hard to effectively empower and motivate employees. B. making it difficult to have closely related activities report to a single executive. C. that pieces of strategically relevant activities and capabilities often end up scattered across many departments thus impeding cross-business strategic fits. D. that it impedes the use of outsourcing to parts of the world with lower wages. E. that it makes the firm vulnerable to shareholder lawsuits for not maximizing value creation.

Answers

Answer:

Option C, that pieces of strategically relevant activities and capabilities often end up scattered across many departments thus impeding cross-business strategic fits, is the right answer.

Explanation:

Option C is correct because the cross-business collaboration exhibits the process in which the expertise of different departments comes together and then work for the common goal. Generally, the capabilities and relevant activities are scattered in the different departments of the company. Therefore the cross-business team up those scattered abilities. In most of the cases, the team formed includes the people who are efficient and expert in their field. Therefore, option C is right.

May Bakery, Inc. reported a prior-period adjustment in 2016.An accounting error caused net income of prior years to be overstated by $6,000.Retained Earnings at December 31, 2015, as previously reported, was $39,000.Net income for 2016 was $72,000, and dividends declared were $23,000.Prepare the company's statement of retained earnings for the year ended December 31, 2016.

Answers

Answer:

Particulars                                                  Amount

Retained earnings January 1,2016            $39,000

as originally posted

Prior period adjustment                             $6,000

Retained earnings as adjusted                  $33,000

Net Income for the year                             $72,000

                                                                    $105,000

Dividends declared                                    $23,000

Retained earnings December 31, 2016  $82,000

A 12-year capital lease specifies equal minimum annual lease payments. Part of this payment represents interest and part represents a reduction in the net lease liability. The portion of the minimum lease payment applicable to interest expense should:

Answers

Answer: Less than in year 8

Explanation:

Here is the complete question:

A 12-year capital lease specifies equal minimum annual lease payments. Part of this payment represents interest and part represents a reduction in the net lease liability. The portion of the minimum lease payment in Year 10 applicable to interest expense should be:

a. Less than in Year 8

b. More than in Year 8

c. The same as in Year 12

d. Less than in Year 12

A capital lease is a type of lease whereby the leader asset are financed by the lessor while the lessee gets all other ownership rights.

Based on the scenario explained in the question, the portion of the minimum lease payment in Year 10 applicable to interest expense should be less than in Year 8.

Adams Manufacturing allocates overhead to production on the basis of direct labor costs. At the beginning of the year, Adams estimated total overhead of $368,900; materials of $407,000 and direct labor of $217,000. During the year Adams incurred $415,000 in materials costs, $412,900 in overhead costs and $221,000 in direct labor costs. Compute the amount of overhead applied to jobs during the year.
a. $375,700.
b. $412,900.
c. $368,900.
d. $412,890.
e. $424,150.

Answers

Answer:

Allocated MOH= $375,700

Explanation:

Giving the following information:

Estimated total overhead= $368,900

Estimated direct labor= $217,000

Actual direct labor= $221,000

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 368,900/217,000

Predetermined manufacturing overhead rate= $1.7 per direct labor dollar

Now, we can allocate overhead based on actual labor costs:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 1.7*221,000

Allocated MOH= $375,700

Assume that apples cost $0.50 in 2002 and $1 in 2009, whereas oranges cost $1 in 2002 and $1.50 in 2009. If 4 apples were produced in 2002 and 5 in 2009, whereas 3 oranges were produced in 2002 and 4 in 2009, then real GDP (in 2002 prices) in 2009 was:__________
a. $5
b. $6.50
c. $9.50
d. $11.

Answers

Answer:

B

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

Nominal GDP is GDP calculated using current year prices while Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation.

(5 x $0.5) +( 4 x $1) = $6.50

Shares of common stock of the Samson Co. offer an expected total return of 13.00 percent. The dividend is increasing at a constant 5.40 percent per year. The dividend yield must be:

Answers

Answer:

the dividend yield is 7.60%

Explanation:

The computation of the dividend yield is shown below:

As we know that

Required return = Dividend yield + Capital Gain Yield or growth rate

13% = Dividend yield + 5.4%

So, the dividend yield is

= 13% - 5.4%

= 7.60%

Hence, the dividend yield is 7.60%

We simply applied the above formula so that the dividend yield could come

What is LVN​ Corporation's direct labor efficiency​ variance? (Round any intermediary calculations to the nearest cent and your final answer to the nearest​ dollar.)

Answers

Complete Question:

LVN Corporation's direct labor costs and related information for the month of June were as follows:

500 Actual total direct labor-hours

1000 Standard total direct labor-hours

Total direct labor cost $16,500

Unfavorable direct labor rate (rate) variance $600

What is LVN Corporation's direct labor efficiency variance?

A. $16,500 unfavorable

B. $7950 unfavorable

C. $7950 favorable

D. $16,500 favorable

Answer:

$7,950 Unfavorable

Explanation:

As we know that:

"Labor Efficiency Variance = (Actual Labor Hours Worked for Actual Production − Standard Hours for Actual Production) * Standard Rate"

If we consider the parenthesis elements in the formula, we can decide whether the variance is favorable or adverse. If the actual labor hours worked are more than the budget (standard hours for actual production) then the variance (difference) is adverse because greater the hours worked for same level of activity (Production Units) the greater is the labor cost. Hence the variance would be adverse and vice versa.

Here

Actual Hours Worked for actual production are 1,000 Hours

Actual total labor cost is $16,500

Standard Hours Worked for actual production are 500 Hours

Standard rate per hour is $15.9 per Hour (Step 1)

By putting values, we have:

Direct Labor Efficiency Variance = (1000 Hrs - 500 Hrs) * $15.9 per hour

= (1000  -  500) * $15.9 per share

= $7,950 Unfavorable

Step1: Find Standard Labor Rate

We can find the standard labor rate using the following labor rate variance formula:

Labor Rate Variance = (Standard Rate per Hour * Actual Hours Worked) − (Actual Rate per Hour * Actual Hours Worked)

Here

(Actual Rate per Hour * Actual Hours Worked) is total labor cost which is $16,500

Actual Hours Worked is 1000 Hours

Labor Rate Variance is ($600)

By putting values, we have:

($600) = (1000 Hours * Standard Labor Rate)  -  $16,500

($600) + $16,500 = 1000 Hours * Standard Labor Rate

$15,900 = 1000 Hours * Standard Labor Rate

Standard Labor Rate = $15,900 / 1000 Hours  = $15.9 per hour

Other Questions
Individuals who ask questions and get full background information before processing what others say are _____ in nature. kinesthetic didactic visual auditory Usha had a balance of -$84. She worked for 6 days and put half the money in the bank. Now she had a balanve of -$45. How much does Usha get paid every day for newspaper delivery? B (-3,3) A (-5,-4) what is the mud point of AB Which statement best supports militarization? Which type of map would help you most if you wanted to know how many people lived in an area? Convert percentage into decimals and fractions a.20% b.71% c.75% d.62.5% Always make sure you are ready at 7:10 or you will be late for school. During 2018, ABC had the following cash flows: received cash of $5,000 billed to a customer in 2017; earned $20,000 of net income; paid interest of $6,000 on a corporate bond issued; paid dividends of $8,000 to its stockholders; borrowed $40,000 from a local bank; purchased its own shares of common stock for $10,000. What is ABC's net cash flows from financing activities for 2018? name the three scale of temperature Which value of x satisfies the equation 1/2 (x+ 5/2)= 15/4? Use the given confidence interval limits to find the point estimate p^ and the margin of error E. 0.325 According to paragraph 3, which of the following selections best describes the narrators hometown as it compares to the rest of Depression-era America? I suppose that futile waiting was the sorrowful background music of our impoverished little community when I was young. The Depression that gripped the nation was no new thing to us, for the black workers of rural Maryland had always been depressed. I dont know what it was that we were waiting for; certainly not for the prosperity that was just around the corner, for those were white folks words, which we never believed. Answer choices for the above question A. The people in both her hometown and the rest of America believe that things will improve. B. The people in her hometown believe in the promise of the American Dream. C. The people in the rest of America are just starting to experience the deep poverty that the people in her town have suffered through for many years. D. The Depression is the first time people in her hometown, and the rest of America, are finding themselves poor and unhappy. The absorptive effectiveness of the small intestine is enhanced by increasing the surface area of the mucosal lining. Which of the following accomplish this task?a. the rugae and haustra b. plicae circulares, villi, and microvilli c. the vast array of digestive enzymes d. Brunner's glands and Peyer Patches Regarding a broker's commission, the California Business and Professions Code requires that in the sale of residential property (of not more than four units) the listing contain the following provision before the compensation clause: "Notice: The amount or rate of real estate commissions is not fixed by law. They are set by each broker individually and may be negotiable between the seller and broker." This clause must be printed: The following information applies to the questions displayed belowWarnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March Date Activities Units Sold at Cost Units Sold at Retal Mar. 1 Beginning 130 units $51.60 per unit 2 inventory Mar. 5 Purchase 240 units $56.60 per unit Mar. 9 Sales 290 units $86.60 per unit Mar. 18 Purchase 100 units $61.60 per unitMar. 25 Purchase 180 units $63.60 per unitMar. 29 Sales 160 units a $96.60 per unit Totals 650 units 450 units. Compute gross profit earned by the company for each of the four costing methods. For specific identification, the March 9 sale consisted of 80 units from beginning inventory and 210 units from the March 5 purchase; the March 29 sale consisted of 60 units from the March 18 purchase and 100 units from the March 25 purchase.Gross Margin FIFO LIFO Avg. Cost Spec. IDSales Less: Cost of goods sold 25,220.00 26,340.00 25,679.60 26,070.00Gross profit LIFO S) Barkley and James cannot attend training during the exercise. They must attend before 4 May or after 25 May. Identify the concept used to determine the derivative classification of the new document. What is 25+543\43 squared Which theory suggests that aging is the result of unstable oxygen molecules that cause damage to the structure of cells with age HELP ASAP ROCKY!!! will get branliest. 2. If you move 50 meters in 10 seconds, what is your speed