emerald bazaar manufactures a product with a standard direct labor cost of two hours at $18.00 per hour. during january, 2,000 units were produced using 4,200 hours at $18.30 per hour. the labor quantity variance was

Answers

Answer 1

The labor quantity variance is $3600 U.

What is Quantity variance?

The discrepancy between actual and anticipated utilisation of something is known as a quantity variation. Variability is measured by the variance. The average of the squared variances from the mean is used to compute it. The more unpredictable data, the larger the variance in relation to the mean.

You may use the measurement of quantity variance to examine the discrepancy between the quantity you plan to use and the quantity you actually utilise during the production process.

The calculation is as follows:

Labor quantity variance = Standard rate × (Standard quantity - actual quantity)

                       = $18 × (4,000 - 4,200)

                       = $ 3,600 unfavorable

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Related Questions

Donald Trump wanted to pull us out of the WTO because he thought China was cheating. Would you stay in or leave?

Answers

Answer: I hate Trump and would make him eat tortilla chip vertically :/

Explanation:

Please help I will mark brainliest
What is the financial responsibility within the fashion industry ??!!??!?!?
HELPPPP

Answers

Fashion finance jobs focus on the business side of fashion, especially as it relates to product sales. In this role, you may help manage a relationship with buyer or vendor accounts. You also support the overall budget of your corporation by ensuring positive cash flow and help evaluate the financial value of each type of merchandise your company releases. Many details of this position depend on the company. For example, some fashion companies are global, so people in financial positions may have to coordinate information and activities across many parts of the world. This job is generally similar to financial positions in most other industries.

Each market __________ consists of people who are relatively similar to each other in terms of their consumption behavior.
A. need group
B. division
C. positioning
D. segment

Answers

Each market need group consists of people who are relatively similar to each other in terms of their consumption behavior.

Market and Market need group

Market needs by definition refer to the functional needs, and goals of a target audience. On this note, a company may identify an area of the market with needs which are unmet and create a product or service that addresses them.

The company may receive a significant profit, if the audience has a larger amount of need and vice versa.

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If you show defensiveness, people are more likely to _____. a. confront you about your problems b. critique your performance c. close their communication d. check your goals

Answers

Answer:

c.

close their communication

Explanation:

edge :)

Answer:

The answer is c :0

Explanation:

Two countries, Country A and Country B, produce petroleum and seafood. A 4-column table has 2 rows. The first column is labeled country with entries Country A, Country B. The second column is labeled Cost (units) with entries 1, 1. The third column is labeled Petroleum (units) with entries 16, 8. The fourth column is labeled Seafood (units) with entries 8, 8. Based on the data in the table, has the absolute advantage in producing petroleum.

Answers

Answer:

Country A

Explanation:

Two countries, Country A and Country B, produce petroleum and seafood. A 4-column table has 2 rows. The

Based on the data in the table, has the absolute advantage in producing petroleum is country A.

What is absolute advantage?

A country has an absolute advantage in the production of a good or service if it produces more quantity of a good when compared to other countries.

Looking at the table, Country A, produces 16 units of pertroluem while Country B produces 8 units. Thus, Country A has an absolute advantage.

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In a period of rising prices, which of the following inventory methods generally results in the lowest amount of net income?.

Answers

the answer is…

LIFO Method

Last month, Greg wrote 5 checks. He also completed 4 debit card transactions, 3 bank ATM withdrawals, and 2 nonbank ATM withdrawals. Based on these banking activities, which financial institution from the cart above would be LEAST expensive for Greg?
A: Farmers’ Bank
B: Louisiana State National Bank
C: First Federal Bank
D: Chase Bank

Last month, Greg wrote 5 checks. He also completed 4 debit card transactions, 3 bank ATM withdrawals,

Answers

The financial institution from the cart above that would be the LEAST expensive for Greg is Chase Bank. Thus the correct option is D.

A bank is referred to as a financial institution that allows an individual to deposit and withdraw cash and allow them to borrow funds with a fixed interest rate for the purpose of investment.

In the given case, it is explained that Greg wrote 5 cheques, used 4 debit cards, drew 3 bank ATMs, and used 2 nonbank ATMs. To choose the least expensive financial institution for Greg, we must first assess the entire cost of his transactions which is minimum of Chase Bank.

Therefore, option D is appropriate.

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Giraffes use their extremely long necks to reach the leaves high up on acacia trees, which other animals cannot reach, giving them a food source for which they have few competitors. What can you conclude about natural selection from this observation

Answers

Answer:

The giraffes with the longest necks survive and produce offspring.

Explanation:

I took the test and it was right.

If you dont mind I know this is an older question, but can you give me brainliest? and 5 stars so that the other people know its right immediately when they look at it. Thank you.

This is your last turn to achieve your goals of a $1,000 net profit and a gross margin of 30%. Are you headed in the right direction from turn 1 to turn 2? if so, what worked? if not, what changed? if your gross margin is increasing but your net profit is not, either your costs are increasing or you are selling fewer backpacks. If the net profit is increasing but the gross margin is not, you are selling more backpacks but at a lower profit. You may want to consider either selling or not selling through an available channel and also adjusting your price

Answers

Answer:

Registration link:zeep.ly/HEfpi

Explanation:

Make money from your mobile phone on complete autopilot to get an income passively, which is one of the

best ways to make money online. Making money online wherever you are or working from home is the ultimate

dream. There are multiple legit ways available on the Internet which you can earn money in your spare time

or even in your sleep. You can make this your full-time job as well. Anyone, even without previous

experience can do this and make money online.

Net profit is the amount of money that a business earns after deducting all of its expenses from its total revenue. Hence, the right direction is from turn 1 to turn 2.

What is Gross Profit?

Gross profit is the difference between a company's revenue and the cost of goods sold (COGS). It represents the amount of money that a company makes after deducting the direct costs associated with producing and selling its products or services.

Gross Profit = Revenue - Cost of Goods Sold

Gross profit is an important financial metric because it provides insight into a company's ability to generate revenue from its products or services while controlling its costs.

A higher gross profit margin indicates that a company is able to produce and sell its products at a higher markup, which can be an indication of operational efficiency and competitive advantage.

Hence, the Net Profit is headed.

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Why is career and technical education supported by the government?

Answers

Answer:

it is supported by the government because in order for you to pay taxes you need a job and when you have a job you get you payed and you use the money to pay for the taxed. really it is just a big circle

what are different risks a business can face?

Answers

Answer:

businesses can face financial risks, reputational risks, strategic risks, operational risks and compliance risks

6. Identify a change in technology during each of the time periods in history below that you believe improved the
way marketing activities were completed. List the example and explain how it contributed to marketing during
that time.
(a) 1900s to 1930s
(b) 1930s to 1950s
(c) 1950s to 1980s
(d) 1980s to today
Answer:

Answers

Answer:

Prior to the 1950s, the production orientation generally held true due to the growing numbers of affluent and middle class people that capitalism had created.

Say’s Law states that the “production of commodities creates, and is the one and universal cause which creates, a market for the commodities produced”.

The emphasis of firms adopting a production orientation of marketing would have been based on the theory of economies of scale, which are the cost advantages that an enterprise obtains due to expansion.


Supply is created by the sellers, while demand is generated by
buyers. Explain the statement

Answers

The statement "Supply is created by the sellers, while demand is generated by buyers" highlights the fundamental roles of sellers and buyers in the market dynamics.

Supply refers to the quantity of goods or services that sellers are willing and able to offer in the market at various price levels.

Sellers, such as producers or manufacturers, are responsible for producing or providing these goods or services. They make production decisions based on factors like costs, technology, and market conditions.

The supply curve illustrates the relationship between the price of a product and the quantity that sellers are willing to supply.

On the other hand, demand represents the quantity of goods or services that buyers are willing and able to purchase at different price levels. Buyers, as consumers or businesses, generate demand by expressing their willingness and ability to buy certain products or services.

Factors influencing demand include consumer preferences, income, price of related goods, and overall economic conditions. The demand curve shows the relationship between the price of a product and the quantity that buyers are willing to purchase.

In a market, the interaction between supply and demand determines the equilibrium price and quantity. When the quantity demanded matches the quantity supplied, an equilibrium is reached.

Sellers adjust their prices and production levels based on demand signals from buyers, aiming to maximize their profits.

Conversely, buyers make purchasing decisions based on their needs, preferences, and budget constraints.

Overall, the statement emphasizes the distinct roles of sellers in creating supply and buyers in generating demand, and how their interactions shape the market dynamics and determine the equilibrium outcomes.

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Which qualifications are especially useful for Business Financial Management careers? Check all that apply.

advanced math skills
knowledge of finance laws
research skills
knowledge of insurance systems
critical thinking skills
customer-service skills
leadership skills

Answers

Answer:

advanced math skills

knowledge of finance laws

research skills

critical thinking skills

There are some qualifications to meet so as to become a business manager.

The qualifications that are especially useful for Business Financial Management careers are:

Advanced math skillsKnowledge of finance lawsResearch skillsCritical thinking skills

Business Financial Management, the Skills and Qualifications that are often required are:

Bachelor's degree in business, management, or related field.A minimum of 3 years experience as a business manager or relevant managerial role.A work experience with business and strategy development processes. etc.

Some of the Career Options in Management are:

Marketing Manager. Sales Manager. Financial Manager. etc.

There are a lot of opportunities to grow one's career as a very skilled specialist.

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DECISION MAKING Suppose the Tracers decide they want to adjust their budget
so they can save for a special summer vacation that will cost $5,000. How would
you suggest they go about revising their budget to meet their goal?

Answers

Explanation:

The tracers will have to adjust their budget before planing for a summer vacation for that they will have to be saving $1000 each every month .To revive their budget to meet their goal they will have to be planing their budget every day like $50

Write a three- to five-sentence paragraph that defines economics. Based on your definition, explain why it is difficult to consider economics an exact science. You may want to consider how economists approach economics to help you explain your answer.

Answers

Answer: See explanation

Explanation:

Economics is referred to as a social science that is concerned with how goods are produced, how they're distributed and how they're consumed. Economics is the social science that studies why human beings behave the way that they do.

It is difficult to consider Economics as a science because it lacks a hypotheses that's testable. Also, there is lack of consensus and the scientific method is not followed in Economics.

Structures the internal acStructures the internal accounting operations of an organisation within Controlling.Counting operations of an organisation within Controlling.

Answers

Answer:

Controlling area.

Explanation:

Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, account payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).

Typically, it's a field of accounting involving specific processes such as recording, summarizing, analysis and reporting of financial transactions with respect to business operations over a specific period of time. Financial experts or accountant uses either the cash basis or accrual basis of accounting.

In Accounting, Costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.

Sap FICO is a finance and cost controlling module that avails a business firm or organization the ability to store all of their external and internal financial transaction data at the end of the trading period.

Controlling area structures the internal accounting operations of an organisation within "Controlling." Thus, it manages profits and costs of an organization which are necessary to provide informations to the management for proper decision-making and effective control of its resources.

You currently purchase a part used in your production process from an outside supplier, and have decided to begin making this part in-house. You have two equipment options for moving production in-house: special-purpose equipment and general-purpose equipment. Cost information for these two options is as follows:


Alternative fixed cost Variable cost
Special_Purpose equipment 200,000 per yr 15 per unit
General-Purpose Equipment 50,000 per yr 20 per unit
What is the break even quantity between the two options?
a) 40,000 units per year
b) 60,000 units per year
c) 30,000 units per year
d) 50,000 units per year

Answers

Answer:

b )60,000 units per year an is aynul yang

During civil lawsuit proceedings regarding alcohol service, courts will try to determine if the
designated driver was present and remained sober. guest's BAC was checked throughout the evening. server recently attended proper alcohol training, server contributed to the injury.

Answers

Courts will attempt to ascertain if the designated driver was there and stayed sober throughout civil lawsuit proceedings over alcohol service.

A lawsuit is a legal action brought by one or more plaintiffs or claimants against one or more defendants. Only a limited number of laws from long ago that are still in force include the phrase "suit in law." The term "lawsuit" refers to a civil action that is launched by a plaintiff—a party who alleges that they have suffered loss as a result of the defendant's actions—and in which the plaintiff asks the court for either a legal remedy or an equitable remedy.

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Seasonal goods such as christmas or thanksgiving decorations would be held in a(n):________

Answers

Seasonal goods such as Christmas or Thanksgiving decorations would be held in a category of inventory known as "seasonal inventory" .

Seasonal inventory refers to products that are specifically associated with particular seasons, holidays, or events and are in high demand during those periods. The purpose of holding seasonal inventory is to ensure that the business has an adequate supply of products to meet the increased demand during specific times of the year.

Retailers and suppliers often plan their inventory management strategies accordingly, stocking up on seasonal goods well in advance to be ready for the peak selling period. However, outside of the peak season, seasonal goods may experience a decline in demand, resulting in a decreased need for inventory. As a result, businesses must carefully manage their seasonal inventory to avoid overstocking and the associated costs.

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What must be the price of a $5,000 bond with a 6.5% coupon rate, semiannual coupons, and nine years to maturity if it has a yield to maturity of 9% APR? OA $5,936 OB. $3,392 OC. $5,088 OD $4,240

Answers

The price of the $5,000 bond with a 6.5% coupon rate, semiannual coupons, and nine years to maturity, given a yield to maturity of 9% APR, is approximately $5,936. The correct answer is A.

To determine the price of a bond with the given characteristics, we can calculate the present value of its future cash flows, which consist of periodic coupon payments and the final principal payment at maturity.

In this case, the bond has a face value (principal) of $5,000, a coupon rate of 6.5% (0.065), semiannual coupon payments, and a maturity of nine years (18 semiannual periods). The yield to maturity (YTM) is 9% APR, which translates to a semiannual yield of 4.5% (0.045).

To calculate the present value of the coupon payments, we use the formula for the present value of an annuity:

PV = C × [1 - (1 + r)^(-n)] / r,

where PV is the present value, C is the coupon payment, r is the discount rate per period, and n is the total number of periods.

Substituting the values into the formula, we get:

PV_coupon = C × [1 - (1 + r)^(-n)] / r

         = ($5,000 × 0.065) × [1 - (1 + 0.045)^(-18)] / 0.045

         ≈ $3,392.00

To calculate the present value of the principal payment at maturity, we use the formula for the present value of a single amount:

PV_principal = F / (1 + r)^n

            = $5,000 / (1 + 0.045)^18

            ≈ $2,544.00

Adding the present values of the coupon payments and the principal payment, we get the total price of the bond:

Price = PV_coupon + PV_principal

     = $3,392.00 + $2,544.00

     ≈ $5,936.00

Therefore, the correct answer is Option A: $5,936.

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A(n) _____ identifies how you feel about an activity or subject.

Answers

Answer:

Survey

it questions and identifies how you feel about an activity or subject.

Answer: interest theory

took it on edg.

What should you avoid using when writing a formal email?
O An official signature
O Emojis
O Familiar acronyms
O Last names

Answers

Emojis
Emojis are not formal and they should not go in a formal email

Answer:

emojis

Explanation:

Thomas company uses a standard cost system and recognizes the materials purchase price variance at the time materials are purchased. information for raw materials for product rbi for the month of october follows: standard unit price $1.80 actual purchase price per unit $1.65 actual quantity purchased 4,000 units actual quantity used 3,900 units standard quantity allowed for actual production 3,800 units what is the materials purchase price variance?

Answers

Answer: $600F

Explanation:

Given the following :

standard unit price - $1.80

actual purchase price per unit - $1.65

actual quantity purchased - 4,000

units actual quantity used - 3,900

units standard quantity allowed for actual production - 3,800 units

Material purchase price variance = ( Actual unit price of material - standard unit price of material) × Actual unit of material purchased

($1.65 - $1.80) × 4000

( $0.15) × 4000

$600F (Favorable) because standard price is higher than actual price

Congress passes a law that requires employers to provide health benefits to workers. Suppose this law results in a $3 per hour increase in the cost of hiring workers. The law is likely to ____ the demand for labor and _____ the equilibrium wage paid to workers.

Answers

Congress passes a law that requires employers to provide health benefits to workers. Suppose this law results in a $3 per hour increase in the cost of hiring workers. The law is likely to decrease the demand for labor and decrease the equilibrium wage paid to workers.

The forces of supply and demand interact to have an effect on an equilibrium fee among consumers and sellers whereby the quantity of demand equals the amount of delivery. What are the laws of supply and demand? 'supply' is solely the amount available, even as 'call for is the quantity that is desired.

This means that customers are shopping for services or products at the same charge that the service or product is to be had. Agencies gain full call by gaining knowledge of their target audience and growing an advertising and marketing strategy that reaches their audience and engages them.

The time period supply refers to how a great deal of a certain product, object, commodity, or service suppliers are willing to make to be had at a specific fee. Call for refers to how a whole lot of that product, object, commodity, or provider consumers are willing and capable of buying at a selected fee.

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What should you do before a job shadowing experience?
O Choose a casual outfit to wear.
O Contact a friend to see if they will go with you.
O Reach out to the employees and ask questions.
O Research the organization where you will be shadowing.

Please help ASAP

Answers

Answer:

Research the organization where you will be shadowing.

Please help. 10 points

Please help. 10 points

Answers

If real estate prices tumble such that wealth declines by $160and the wealth effect is such that a $10 change in wealth produce a $3 change in consumption at each level of income then consumption will fall by $48 at every level of income (0.3*$160 = 48).

How to explain the information

This implies consumption equals $568 (616-48) at the income level of $680. Consumption was originally $616 at this income level and the decline in wealth results in a fall in consumption of $48.

To find the new level of savings after the decline in wealth we subtract the NEW level of consumption (=568) from disposable income (=$680), which equals $112 (= $680- $568). The household increases savings to offset the decline in wealth.

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All organizations must consider the possibility of unplanned disasters and create _____, which specify how the company will handle a variety of unplanned situations.

Answers

One of the best ways to prepare for unplanned disasters is for the company to create:

Contingency plans

What is a Contingency Plan?

This refers to the series of actions to take by a company or a person in the possible event of unplanned problems so that they can have the resources to navigate the problem.

With this in mind, we can see that this is very important as it helps them to stay afloat and weather many business storms which might come up that can be covered by finance.

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1. why is it important for jcf health & fitness employees to share the same mission as wilson?

Answers

It is important for JCF Health & Fitness employees to share the same mission as Wilson because of a number of reasons that include alignment of goals, consistency, employee engagement, and a positive culture.

1. Alignment of goals: When employees and Wilson share the same mission, they work together towards a common goal. This ensures that everyone is moving in the same direction, increasing the chances of success for JCF Health & Fitness.

2. Consistency in messaging: Sharing the same mission helps maintain a consistent message across all levels of the organization. This ensures that clients and stakeholders have a clear understanding of the company's purpose and values.

3. Employee engagement and motivation: When employees share the same mission as Wilson, they are more likely to be engaged and motivated to perform their tasks. This leads to higher productivity, better work quality, and ultimately, a more successful business.

4. Positive company culture: A shared mission creates a sense of unity and belonging among employees, fostering a positive work environment. This helps in retaining talented individuals and attracting new talent.

In summary, it is important for JCF Health & Fitness employees to share the same mission as Wilson to ensure alignment of goals, consistent messaging, increased employee engagement and motivation, and a positive company culture.

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henry suspects that some of his employees have been stealing from his company. he purchases a commercial crime insurance policy, which will cover any losses that actually occur during the policy period. under which coverage form of commercial crime insurance is henry's company insured?

Answers

Loss-Sustained form of commercial crime insurance  henry's company insured.

The required details about commercial crime insurance is mentioned in below paragraph.

Insurance against business-related crimes, such as employee theft, forgery, robbery, and technological crime, protects against monetary damages. It is a kind of business insurance that offers protection for the company under the following types of policy: Employee dishonesty in Form A may be written as scheduled insurance or on a blanket insurance basis and covers money, securities, and other properties.

What are the commercial crime policy's exclusions?

The following things are not covered by commercial crime insurance: theft, misdemeanors, or other wrongdoing by you or your company partners. Additionally, it excludes any activities taken by personnel who colluded with one of your partners.

Thus, Henry company is insured under Loss-Sustained form.

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