Use the following data to find the direct labor rate variance if the company produced 7,000 units of product during the period. Standard: Direct labor (3.2 hrs. per unit @ $12/hr.)$38.40per unitActual cost incurred: Direct labor (24,500 hrs. @ $12.50/hr.)$306,250
A. $12,250 favorable.
B. $26,950 favorable.
C. $14,700 unfavorable.
D. $12,250 unfavorable.
E. $14,700 favorable.
Answer: D
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In a two-period model, a household has an income of $20,000 in period one and an income of $25,000 in period two. The household faces an interest rate of 50 percent. What is the present value of the household's income if the income in period one increases to $30,000?
A. ?$39,000 B. ?$46,666.66 C. ?$40,555.65 D. ?$50,000
Consider a one-year discount bond that pays $2,000 one year from now. If the annual rate of discount is 3 percent, calculate the present value of the bond.
What will be an ideal response?
When you leave a job, check to see
a. what severance pay is available. b. what happens to your health insurance. c. how your final paycheck will be delivered to you and when it will be available. d. all of these choices.
The metal used to construct the body of a bicycle would be _________________. The bicycle seat would be a __________________.
A. accessory equipment; raw material B. raw materials; accessory equipment C. process materials; component part D. raw materials; component part E. process materials; raw material