Business, 12.11.2019 04:31 rustalex6045
He auto repair shop of quality motor company uses standards to control the labor time and labor cost in the shop. the standard labor cost for a motor tune-up is given below: standard hours standard rate standard costmotor tune-up 2.50 $33.00 $82.50the record showing the time spent in the shop last week on motor tune-ups has been misplaced. however, the shop supervisor recalls that 58 tune-ups were completed during the week, and the controller recalls the following variance data relating to tune-ups: labor rate variance $ 80 flabor spending variance $ 118 u
required:
1. determine the number of actual labor-hours spent on tune-ups during the week.
2. determine the actual hourly rate of pay for tune-ups last week. (round your answer to 2 decimal places.)
Answers: 3
Business, 21.06.2019 17:10
Acompany's income statement showed the following: net income, $145,000 and depreciation expense, $36,300. an examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $11,500; merchandise inventory increased $22,200; and accounts payable increased $5,500. calculate the net cash provided or used by operating activities. $209,500 $139,000 $176,100 $186,500 $142,100
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Business, 21.06.2019 20:30
Which of the following best describes how the federal reserve bank banks during a bank run? a. the federal reserve bank regulates exchanges to prevent the demand for withdrawals from rising above the required reserve ratio. b. the federal reserve bank acts as an insurance company that pays customers if their bank fails. c. the federal reserve bank has the power to take over a private bank if customers demand too many withdrawals. d. the federal reserve bank can provide a short-term loan to banks to prevent them from running out of money. 2b2t
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Business, 22.06.2019 01:30
Ben collins plans to buy a house for $166,000. if the real estate in his area is expected to increase in value by 2 percent each year, what will its approximate value be five years from now?
Answers: 1
Business, 22.06.2019 09:30
Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. question 10 options: true false
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He auto repair shop of quality motor company uses standards to control the labor time and labor cost...
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