Basix Inc. calculates direct manufacturing labor variances and has the following information: Actual hours worked: 200 Standard Hours: 250 Actual rates per hour: $ 12 Standard rate per hour: $ 10 Given the information above, which of the following is correct regarding direct manufacturing labor variances?
a. The price and efficiency variances are favorable.
b. The price and efficiency variances are unfavorable.
c. The price variance is favorable, while the efficiency variance is unfavorable.
d. The price variance is unfavorable, while the efficiency variance is favorable.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Basix Inc. calculates direct manufacturing labor variances and has the following information: Actual hours worked: 200 Standard Hours: 250 ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Which of these can a
Answers (1)
In a certain city, electricity costs $0.15 per kw·h. what is the annual cost for electricity to power a lamp-post for 7.00 hours per day
Answers (1)
At the beginning of 2018, Terra Lumber Company purchased a timber tract from Boise Cantor for $2,980,000. After the timber is cleared, the land will have a residual value of $740,000.
Answers (1)
Lueretained Attorney to appeal Lue's criminal conviction and to seek bail pending appeal. The agreed upon fee for the appearance on the bail hearing was $50 per hour.
Answers (1)
The Heckscher-Ohlin model assumes that there are two countries, each of which produces two goods (say manufactures and agriculture) using labor and capital. Which of the following is an additional assumption of the Heckscher-Ohlin model? A.
Answers (1)
New Questions in Business
Q 1.2: the question "how much of our annual budget should we spend to advertise our new product line?" would most likely be asked by a
Answers (1)
If you wanted to find and display a collection of data from a table on a regular weekly basis, what method would you be most likely to use? A. A form B. A field C. A query D. A report
Answers (1)
The equation represents Jordan's overtime pay structure. Based on this equation, what is Jordan's regular hourly pay?
Answers (2)
A concurrent condition occurs when each party's performance is conditioned on the performance of the other.
Answers (1)
Transactional leadership encompasses all but one of the following. Which one? A. Goal settingB. Social interactionC. Monitoring progress toward goal achievementD. Giving feedbackE. Administering discipline
Answers (1)