Question
The organization budgeted $400,000 for 40,000 hours of
direct labor to complete 16,000 units of finished product. The firm used 42,000 direct labor hours and completed 17,000 units of finished product. What is the direct labor efficiency variance if the actual wage rate is 11/hour?Solution
Answer: LEV = (Actual Hours – Standard Hours) * Standard Rate .Here, LEV = (42000-42500)*10 = 5000F Here, Standard rate = 400000/40000 = 10/ hour And standard hours = 17000*40000/16000 = 42500.
What will come in place of ‘?’ in the given expression?
12 × 12 + 10² + 24 × (5/4) = ?
Which two signs should be interchanged to make the given equation correct?
8 – 42 + 15 × 20 ÷ 4 = 346
If 'A' means ' X ', 'B' means '÷', 'C' means '+' and 'D' means ' - ', then what will come in the place of '?' in the given expression?
22 X 12 +...
Select the correct combination of mathematical signs that can sequentially replace '*' sign and balance the equation given below.
90 * 5 * 15 * 2...
After interchanging the given two signs, what will be the value of the given equation? + and ÷
144 ÷ 12 + 36 × 3 - 18
- Which two signs should be interchanged to correct the given equation?
16 – 8 ÷ 4 + 5 × 2 = 8 If A denotes ‘+’, B denotes ‘×’, C denotes ‘−’, and D denotes ‘÷’, then what will come in place of ‘?’ in the following equation...
If '+' means 'division', ' X ' means 'addition', ' - ' means 'multiplication' and '÷' means 'subtraction', then what is the value of the following expr...
If P denotes ‘multiplied by’, T denotes ‘subtracted from’, M denotes ‘added to’ and B denotes ‘divided by’, then 50 B 5 P 16 T 15 M 13 ...
What is the code for ‘it’?
