Sarah Elizabeth Butler is a well-known actress in America, recognized, especially for her portrayal of Jennifer Hills in the popular film series I Spit on Your Grave. During her youth, she demonstrated a keen interest in the Arts through choir singing, participation in singing competitions, and performances in both community and high school theatre. She chose to leave college to focus on seeking a talent agent and began auditioning for roles in television and film, discovering a profound joy in acting.
Result:
The direct labor rate variance is positive $3,400.
Details:
Here’s the information we have:
The total actual labor cost for the company was $200,600, which covered 17,000 direct labor hours. The standard cost per hour is $12.
To find the direct labor rate variance, we begin by determining the actual rate.
Actual rate = $200,600 / 17,000 = $11.8 per hour.
Now we can compute the direct labor rate variance:
Direct labor rate variance = (Standard Rate - Actual Rate) * Actual Quantity
Direct labor rate variance = (12 - 11.8) * 17,000 = positive $3,400.
This variance is favorable as the actual rate was less than the standard rate.
Answer:
Explanation:
A)
The formula for regression is,
ln(Cell Phone Subscribers) = -820.894 + 0.411704 Year
or,
Percentage of Cell Phone Subscribers = exp(-820.894 + 0.411704 Year)
For the year 2005,
Percentage of Cell Phone Subscribers = exp(-820.894 + 0.411704 * 2005)
= 96.79%
B)
The significance of the slope has a p-value close to 0 (0.000). Hence, the model holds statistical significance and its predictions are very reliable.
A represents the solution
I hope this is useful.
-$64000. The calculation of the net total occurs as follows: Direct material = $11.30, Direct labor = $22.70, Variable manufacturing overhead = $1.20, Fixed manufacturing overhead ($24.70 - $21.90) = $2.80. The total relevant cost is derived from the sum of the direct material, direct labor, variable manufacturing overhead, and fixed manufacturing overhead totaling $38.00. The total cost associated with manufacturing is derived from relevant cost per unit multiplied by the number of units plus the opportunity contribution margin lost, calculated to be $1,784,000. The overall cost for purchasing stands at $1,848,000. Thus, the net total equals the total cost of making minus the total cost of buying, amounting to -$64000.