welcome corporation produces metal telephone poles. in the most recent month, the company budgeted production of 4,100 poles. actual production was 4,400 poles. according to standards, each pole requires 7.0 machine-hours. the actual machine-hours for the month were 31,140 machine-hours. the budgeted indirect labor is $2.50 per machine-hour. the actual indirect labor cost for the month was $83,787. the variable overhead efficiency variance for indirect labor is:
Answers
The variable overhead efficiency variance for indirect labor will be approximately -$850.
To calculate the variable overhead efficiency variance for indirect labor, we need to compare the actual machine-hours used with the standard machine-hours allowed for the actual production.
Standard machine-hours allowed = Standard machine-hours per unit × Actual production
Standard machine-hours allowed = 7.0 machine-hours/pole × 4,400 poles
Standard machine-hours allowed = 30,800 machine-hours
Now we will calculate the variable overhead efficiency variance;
Variable overhead efficiency variance = (Standard machine-hours allowed - Actual machine-hours) × Budgeted indirect labor rate
Variable overhead efficiency variance = (30,800 machine-hours - 31,140 machine-hours) × $2.50 per machine-hour
Variable overhead efficiency variance = (-340 machine-hours) × $2.50 per machine-hour
Variable overhead efficiency variance = -$850
Therefore, the variable overhead efficiency variance for indirect labor is -$850. The negative sign indicates an unfavorable variance, meaning that more machine-hours were used than expected based on the standard.
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Related Questions
WILL GIVE BRAINLIEST.
The reason Louis Vuitton will not lower it's prices is because it does not want to harm its:
A. Return on Investment
B. Brand Image
C. Psychological Pricing
Answers
Answer:
A. Return on Investment
Chan has opened a savings account at a bank near his house. He has been given the option of online access to all transactions from this new account. He now has to decide on a password to secure the online access to his bank account. Which password can Chan use for maximum security?
Answers
Prioritize password length: Secure passwords should have at least 16 characters in order to lessen the possibility of becoming a victim of a data leak or hack. So, for maximum security, Chan can use the password (C) 123456chanbankacc!.
What do we mean by password security?Put password length first: To reduce the likelihood of being a victim of a data breach or cyberattack, secure passwords should be at least 16 characters long.
Do not reuse passwords: Credential stuffing attacks, which are regularly exploited by hackers, put you in danger if you use the same password for many accounts.
The first line of security against unwanted access to your computer and personal information is provided by passwords.
Your computer will be more secure from hackers and bad malware if your password is strong.
Strong passwords should be used for every account on your computer.
Try to include both upper- and lowercase characters, numerals, and symbols.
The use of dictionary terminology should be avoided. Swimming1 is an example of a bad password.
Therefore, prioritize password length: Secure passwords should have at least 16 characters in order to lessen the possibility of becoming a victim of a data leak or hack. So, for maximum security, Chan can use the password (C) 123456chanbankacc!.
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Complete question:
Chan has opened a savings account at a bank near his house. He has been given the option of online access to all transactions from this new account. He now has to decide on a password to secure online access to his bank account. Which password can Chan use for maximum security?
A. chan123
B. chan1234
C. 123456chanbankacc!
D. 12345chan
To what extent should government influence the economy of a democracy such as the united states?.
Answers
Economic conditions often inform the policy changes that governments elect to enact. Specifically in the United States, government policy has always had a large amount of influence on economic growth, the creation of new business entities, and the success of financial markets.
In the broadest sense, a country's economic activity reflects what people, businesses, and governments want to buy and what they want to sell. Because the U.S. has a capitalist economy that relies on the principles of a free market, theoretically, it is primarily the decisions of consumers and producers that mold the economy.
In the United States, the government influences economic activity through two approaches: monetary policy and fiscal policy. Through monetary policy, the government exerts its power to regulate the money supply and level of interest rates. Through fiscal policy, it uses its power to tax and spend.
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hich pricing strategy involves setting a high price for an exclusive, high-end product?
Answers
To examine
the weekly payroll of all employees, one would look at the:
Answers
To examine the weekly payroll of all employees, one would look at the: d. payroll register.
What is the payroll register?The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.
A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.
Options:
a. W-4
b. employee earnings record
c. W-2
d. payroll register.
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Which of the following is a lasting impact resulting from 20th-century banking reforms in the United States
Answers
The lasting impact resulting from 20th-century banking reforms in the United States is "the reforms approved the Board to determine reserve requirements and interest rates for deposits at member bank."
The banking reforms made in the 20th century in the United States are many, and many of these reforms are still applicable today.
Some of the lasting effects of these reforms include the following:
The Board of Governors to determine the monetary policy.
The reforms established the Federal Deposit Insurance Corporation.
The reforms also separate commercial banks from investment banks.
Hence, in this case, it is concluded that the many banking reforms made in the 20th century still exist today.
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Answer: Depositer funds are insured against potential loss in the event of a bank failure.
Explanation:
The FDIC enacted the Banking Act of 1935 which persists to today. This act protects depositors from possibility of financial loss. Your funds are legally guaranteed and protected by the government. This insurance protects the likelihood of a bank run, because most depositor funds will not be lost due to the insolvency of any individual firm; it is a fixture of the modern banking system.
Canners Company uses weighted-average costing. Beginning work in process inventory had $3,650 of material costs. During the period, $5,000 of materials and $9,250 in conversion costs were added. If there are 250 equivalent units of production for materials, the cost per equivalent unit for materials is ______.
Answers
Answer:
the cost per equivalent unit for materials is $34.60
Explanation:
The computation of the cost per equivalent unit for materials is shown below:
= (Beginning work in inventory + material added) ÷ material equivalent unit of production
= ($3,650 + $5,000) ÷ 250 units
= $34.60
Hence, the cost per equivalent unit for materials is $34.60
The same should be considered and relevant
which department of a business usually completes recruitment
Answers
The Human Resources (HR) department is typically responsible for completing the recruitment process in a business organization.
The HR department plays a crucial role in managing the recruitment process within a business. They are responsible for overseeing various aspects of recruitment, including job postings, candidate sourcing, screening and interviewing applicants, conducting background checks, and making final hiring decisions. The HR department works closely with hiring managers and department heads to understand the specific staffing needs and requirements for each position.
The HR department is equipped with the necessary expertise and resources to efficiently handle recruitment activities. They have knowledge of applicable labor laws and regulations, ensuring compliance throughout the hiring process. HR professionals are also skilled in assessing candidates' qualifications, conducting interviews, and evaluating their fit with the organization's culture and values.
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Assume that you would like to put money in an account today to make sure your child has enough money in 10 years to buy a car. If you would like to give your child $10,000 in 10 years, and you know you can get 5% interest per year from a savings account during that time, how much should you put in the account now?
Answers
A = P(1 + r/n)^(nt)
Where:
A = the future value of the investment
P = the principal (initial investment)
r = the annual interest rate (as a decimal)
n = the number of times the interest is compounded per year
t = the time period (in years)
Using this formula, we can solve for P, the amount of money we need to put in the account now:
A = $10,000 (the future value we want)
r = 0.05 (the annual interest rate)
n = 1 (since interest is compounded annually)
t = 10 (the time period in years)
P = A / (1 + r/n)^(nt)
P = $10,000 / (1 + 0.05/1)^(1*10)
P = $10,000 / (1.05)^10
P = $10,000 / 1.62889
Therefore, you should put approximately $6,131.41 in the savings account now to ensure that you will have $10,000 in 10 years, assuming a 5% annual interest rate compounded annually.
When searching for a school that is a good match for you, which of the following is NOT important to consider.
Financial options
Other degrees offered
Your priorities
Your preferences
Answers
Answer:
Explanation:
C
Answer:
Your preferences
Explanation:
Your preferences is not a factor to consider when searching for a good school match. It is important to consider financial options, other degrees offered, and your priorities when searching for a good school match.
You see Paul dealing with Susan, an upset employee from another department. Susan is complaining about something that your department was supposed to do but didn't. You are in a back room and have not been seen by Susan. Paul is obviously frustrated and unable to deal with Susan effectively. You should:
a. Walk up to the pair and attempt to change the conversation.
b. Introduce yourself to Susan and offer your assistance.
c. Ask your supervisor to offer some interpersonal skills training to Paul.
d. Tell Paul that Susan is needed by the supervisor to end the situation.
Answers
Help please... This is due in an hour...
Answers
Answer:
but where the key word to it
price is equal to marginal cost. b. price is equal to average total cost. c. price is equal to marginal revenue. d. price is equal to average variable cost.
Answers
The unit is manufactured and supplied if the sale price exceeds the marginal cost. Production would not be financially viable if the marginal cost was higher than the price. So long as the marginal cost and the sale price are equal, production will continue.
Why do you use the term marginal cost?When we talk about the marginal cost, we're talking about the rise in production costs brought on by the creation of more product units. The marginal cost of manufacturing is another name for it. Businesses may evaluate how cost and, ultimately, earnings are influenced by volume output by calculating the marginal cost. Say, for instance, that it costs $100 to produce 100 automobile tires. An additional tire would cost $80 to produce. The cost incurred while producing an additional unit of a good or service is known as the marginal cost. The marginal cost is determined by the costs of production.
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Daimler AG agreed to sell 30 trucks to Romania in exchange for 150 Romanian-made Jeeps, which is an example of
Answers
Daimler AG agreeing to sell 30 trucks to Romania in exchange for 150 Romanian-made Jeeps, is an example of countertrade
What is Countertrade?Countertrade is the means by which good and services is being paid for, with other goods or services, instead of with money.
Examples of countertrade include:
BarterCounter purchaseOffsetsFrom the question, since Daimler AG agreed to sell 30 trucks to Romania in exchange for 150 Romanian-made Jeeps, hence countertrade has occurred.
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social security numbers: joe: 123-45-6789 jill: 333-222-111 hunter (son): 555-77-6666 ages: joe: 64 jill: 62 hunter: 11 jill paid $5,000 in childcare expenses for hunter while she worked. salaries: joe: $20,000 jill: $25,000 hunter: $1,500 investment income: interest from mellon bank: $8,000 interest on delaware municipal bonds: $5,000 dividends on microsoft, inc. stock: $4,000 sold 1,000 shares of ibm stock for $8,000 on january 15, 2022. shares were purchased on january 15, 2016, for $3,000.
Answers
Social Security numbers (SSNs) are used to identify a person and establish if they are eligible for Social Security benefits.
Before preparing and submitting Forms W-2, employers can use the Social Security Number Verification Service (SSNVS) to compare the names and Social Security numbers (SSNs) on their record of employees with Social Security records.
As the SSN is not directly tied to an applicant's qualifications for a job, businesses should generally refrain from requesting it on an employment application. However, it is permissible for an employer to request an SSN, and if they accept an offer, they will eventually want it to confirm the applicant's identification and work authorization as well as maybe conduct a background check.
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What capability do smartphones have that telephones with earlier technology lacked?
wireless technology
data services
mobility
voice transmissions
Answers
Answer
data service
Explanation:
edge
Using the same cost and time estimates, consider the time-effectiveness of each engineer. A 3-column table with 4 rows. Column 1 has entries Camilla, John, Nora, Oracio. Column 2 is labeled Cost per Hour with entries 40 dollars, 30 dollars, 20 dollars, 15 dollars. Column 3 is labeled Time to Complete Job with entries 20 hours, 30 hours, 40 hours, 50 hours. If the company is most concerned about meeting a deadline regardless of the cost, which engineer should the company choose? Camilla John Nora Oracio
Answers
The company should choose John as the engineer to meet the deadline regardless of the cost.
To determine the most time-effective engineer regardless of cost, we need to consider the engineers' cost per hour and the time it takes for each engineer to complete the job. Based on the given information, the following table summarizes the data:
| Engineer | Cost per Hour | Time to Complete Job |
|----------|---------------|---------------------|
| Camilla | $40 | 20 hours |
| John | $30 | 30 hours |
| Nora | $20 | 40 hours |
| Oracio | $15 | 50 hours |
To meet the deadline, the company should prioritize the engineer who can complete the job in the shortest time. Looking at the time to complete the job column, we can see that John requires the least amount of time, with 30 hours. The other engineers require more time, ranging from 40 to 50 hours.
Although John has a higher cost per hour compared to Nora and Oracio, the company's main concern is meeting the deadline rather than minimizing costs. Therefore, the company should choose John as the engineer for the job.
Camilla has the highest cost per hour and can complete the job in 20 hours, which is the shortest time among all the engineers. However, since the company's priority is meeting the deadline, and John can complete the job within 30 hours, John is the most suitable choice.
when the company is primarily focused on meeting the deadline regardless of the cost, John should be chosen as the engineer for the job due to his ability to complete the job in the shortest time compared to the other engineers.
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Answer:
Oracio
Explanation:
on edg
Customer value depends on the product’s cost versus the perceived ________ the buyer received
Answers
Customer value depends on the product's cost versus the perceived benefits the buyer received.
Value is the satisfaction that a consumer derives from a product or service and is the difference between the perceived benefits and the perceived costs of the item.In other words, customer value is the difference between the total value that a customer perceives from a product and the total cost of the product. If the perceived benefits are greater than the cost, the customer will perceive the product as having high value.
On the other hand, if the cost is greater than the perceived benefits, the customer will perceive the product as having low value. Therefore, companies must strive to deliver products that offer greater perceived benefits than their cost in order to create value for their customers.
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Jennifer is measuring the frequency of her customers' visits and the amount they spend annually. What kind of analysis is she performing?
Jennifer is performing (blank) analysis
Answers
Recency, frequency, monetary analysis is performed by Jennifer while measuring the frequency of her customers .
RFM investigation is a showcasing strategy used to quantitatively rank and gathering clients in view of the recency, recurrence and financial complete of their new exchanges to distinguish the best clients and perform designated promoting efforts.
You need to give each individual customer a recency score, a frequency score, and a monetary score in order to build an RFM model. The crude information, which can be gathered from a client data set from past exchanges, is then ordered in a calculation sheet or data set.
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It is not advisable for a worker who is satisfied with their job to improve their skills. Please select the best answer from the choices provided T F
Answers
Answer: False
Explanation: I just took the practice test
Answer:
False
Explanation:
6. All of the following are responsibilities of the Fed EXCEPT:
A) control the monetary base. B) mint bills and coins.
C oversee and regulate the banking system.
D) set the interest (referred to as the discount) rate.
Answers
The correct answer is B) Mint bills and coins, as that responsibility lies with the United States Department of the Treasury.
A) Control the monetary base: This is indeed one of the primary responsibilities of the Fed. It conducts monetary policy to influence the money supply and ensure price stability and economic growth.
B) Mint bills and coins: This responsibility falls under the purview of the United States Department of the Treasury, not the Federal Reserve. The Treasury is responsible for coinage and currency production.
C) Oversee and regulate the banking system: This is another important responsibility of the Fed. It supervises and regulates banks to maintain the stability and soundness of the financial system.
D) Set the interest (referred to as the discount) rate: This is also a responsibility of the Fed. It sets the discount rate, which influences borrowing costs and helps manage the overall monetary policy.
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A product's price will increase the most if:
Answers
Answer:
Demand is high and if the manufacturing prices increase
Why does the money in a savings account grow? HELP ASAP PLS!!
A. It earns interest, plus it earns interest on the interest.
B. A bank manager invests the money in the stock market.
C. The federal government matches your deposit.
D. You don't pay taxes on it.
Answers
Answer:
A the answere is A. I am almost certain
The full set of procedures used to accomplish the measurement/communication process of financial accounting is referred to as the: A. Trial balance B. Accounting cycleC. Chart of accounts D. General ledger 39.
Answers
B) The accounting cycle is used to collect information, extract important data, journalize it in a general or specialized journal, post it in the appropriate ledger, and then communicate or transfer it to accounting information users.
What are the steps in financial accounting?In order to cut down on mistakes and losses, financial accounting procedures ensure that particular processes are carried out in particular ways. Standardization is essential for managing the accounting function, ensuring that necessary tasks are completed without being overlooked. Procedures also aid in the training of new employees.
What are the accounting procedure's four steps?The identification and evaluation of transactions, the recording of transactions in a journal, the posting of journal information to a ledger, and the preparation of an unadjusted trial balance are the first four steps in the accounting cycle. We'll start by outlining the steps and the supporting documentation.
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What is the present value of the following set of cash flows if the discount rate is 10.7% ? (the cash flows occur at the end of each period) (round answer to nearest penny and enter in the following format 12345.67) Year 0 cash flow =−2600 (a negative cash flow) Year 1 cash flow =1600 Year 2 cash flow =1700 Year 3 cash flow =1100 Year 4 cash flow =1800
Answers
The present value of the given set of cash flows, rounded to the nearest penny, is $3556.49.
To calculate the present value of the given set of cash flows, we need to discount each cash flow to its present value using the discount rate of 10.7%. The present value of each cash flow is calculated as: PV = \(CF / (1 + r)^n\)
Where: PV = Present value CF = Cash flow r = Discount rate n = Number of periods Using the formula, we can calculate the present value for each cash flow: Year 0 cash flow = -2600 PV(Year 0) = -2600 / (1 + 0.107)^0 PV(Year 0) = -2600
Year 1 cash flow = 1600 PV(Year 1) = 1600 / (1 + 0.107) PV(Year 1) ≈ 1439.22 Year 2 cash flow = 1700 PV(Year 2) = 1700 / (1 + 0.107) PV(Year 2) ≈ 1420.95 Year 3 cash flow = 1100 PV(Year 3) = 1100 / (1 + 0.107) PV(Year 3) ≈ 852.07
Year 4 cash flow = 1800 PV(Year 4) = 1800 / (1 + 0.107) PV(Year 4) ≈ 1244.25 Now, we sum up the present values of each cash flow:
Total present value = PV(Year 0) + PV(Year 1) + PV(Year 2) + PV(Year 3) + PV(Year 4) Total present value = -2600 + 1439.22 + 1420.95 + 852.07 + 1244.25 Total present value ≈ 3556.49
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Lexi was on target in terms of her financial plan when her basement flooded due to an intense rainfall. Which type of financial risk derailed Lexi’s plans?
A. income risk
B. interest rate risk
C. personal risk
D. inflation risk
Answers
Answer:
C, "Personal risk"
Explanation:
Gradpoint
why do I have to pay
Answers
Answer:
Pay for what?
Explanation:
Most things require you to pay a fee.
Can debit collectors call you anytime and what hours are they able to call you on the phone ? please help :) i’ll give brainlest
Answers
No, they can't
They can't call you before 8 am
and they also can't call you after 9 pm
When it comes to transferring funds and mobile banking, what does it mean to "authenticate" the transaction?.
Answers
Answer:
Explanation:
Short answer is when it says to Authenticate the Transaction it means to Make sure that the person is actually you and you are wanting to make the purchase.
components of marketing environment?
Answers
Answer:
It consists of six components: the demographic, economic, physical, technological, political-legal, and social-cultural environments.
Explanation:
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