Give two reasons why actual labor hours might differ from standard labor hours, resulting in a direct
Question:
Give two reasons why actual labor hours might differ from standard labor hours, resulting in a direct labor efficiency variance.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 45% (11 reviews)
Actual labor hours might differ from standard hours if a ...View the full answer
Answered By
Pushpinder Singh
Currently, I am PhD scholar with Indian Statistical problem, working in applied statistics and real life data problems. I have done several projects in Statistics especially Time Series data analysis, Regression Techniques.
I am Master in Statistics from Indian Institute of Technology, Kanpur.
I have been teaching students for various University entrance exams and passing grades in Graduation and Post-Graduation.I have expertise in solving problems in Statistics for more than 2 years now.I am a subject expert in Statistics with Assignmentpedia.com.
4.40+
3+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Give two reasons why actual labor rates might differ from standard labor rates, resulting in a direct labor rate variance.
-
Give two reasons why caches are useful. What problems do they solve? What problems do they cause? If a cache can be made as large as the device for which it is caching (for instance, a cache as large...
-
Give two reasons why PGP compresses messages.
-
Derive the transfer function of the circuit shown in figure below (for an ideal op amp) and show that it can be written in the form - V. -R2/R1 V," [1+ ( +j) Where w1 = 1/C,R1 and w2 = 1/ C2R2....
-
What are spamming, permission marketing, and viral marketing?
-
Find the following for a $200,000 fixed-rate mortgage and the given informatic a) Monthly mortgage payment (principal and interest) b) Monthly house payment (including property taxes and insurance)...
-
Based on what characteristics can a market be segmented? Provide an example of each segmentation approach, showing how characteristics can be used to shape a marketing program.
-
SuperSound Stereos sells high-end stereo equipment to specialty audio and video shops. SuperSound serves three different types of customers: small, medium, and large. Customers are placed into these...
-
A call option is currently selling for $5.4. It has a strike price of $80 and five months to maturity. What is the price of a put option with a $80 strike price and five months to maturity? The...
-
You are considering a purchase of a 4-plex, which is located in a desirable neighborhood. The cost of the property is $500,000. Effective rents are expected to average $1500 per month. Every resident...
-
What are some possible explanations for the variable and fixed overhead spending variances?
-
In your own words, explain the standard quantity of tires allowed for eight bicycles. Why does your answer not depend on the number of bicycles expected to be produced?
-
What rights are inherent in owning ordinary shares in a company?
-
What are the major immediate concerns for the HR manager in Austral Group SAA when merging two different organizational cultures - in this case, Peruvian and Norwegian cultures?
-
Explain the relation between the corporate, business and functional strategies. Please produce an in-depth explanation.
-
Consider the problem of terrorism during Radical Reconstruction. If you had been an adviser to the President, how would you propose to deal with the problem? Give a minimum of TWO examples and fully...
-
describe at least one element of an Airport Master Plan. Discuss the importance of this element and how it fits into the overall Airport Master Plan document to include its processes and objectives.
-
It is suggested that Wikipedia has replaced the hardback encyclopedia books, such Encyclopedia Brittanica. What other ways do you foresee technology changing businesses that have been around for...
-
How do you interpret this cartoon? What sort of options is the diner considering? Relate your answer to the Food for Thought exercise which is given below.? "Tm trying to eat lower on the food chain."
-
A liquid flows upward through a valve situated in a vertical pipe. Calculate the differential pressure (kPa) between points A and B. The mean velocity of the flow is 4.1 m/s. The specific gravity of...
-
Lynch Company manufactures and sells a single product. The following costs were incurred during the company's first year of operations: During the year, the company produced 25,000 units and 20,000...
-
Sierra Company incurs the following costs to produce and sell a single product. During the last year, 25,000 units were produced and 22,000 units were sold. The Finished Goods inventory account at...
-
Whitman Company has just completed its first year of operations. The companys absorption costing income statement for the year appears below: The companys selling and administrative expenses consist...
-
*please calculate irr in excel
-
Which of the following would not be a period cost? Research and development Direct materials Office supplies Advertising costs
-
\ table [ [ Activity Cost Pool,Activity Measure,Total Cost,Total Activity ] , [ Machining , Machine - hours,$ 3 3 0 , 0 0 0 , 1 5 , 0 0 0 MHs ] , [ Machine setups,Number of setups,$ 3 0 0 , 0 0 0 , 5...
Study smarter with the SolutionInn App