The following labor standards have been established for a particular product: Standard labor hours per unit of output 4.1 hours Standard labor rate $ 19.90 per hour The following data pertain to operations concerning the product for the last month: Actual hours worked 6,700 hours Actual total labor cost $ 134,000 Actual output 1,600 units Required: a. What is the labor rate variance for the month

Principals are an administration career

Data for hermann corporation are shown below: per unit percent of sales selling price $ 125 100 % variable expenses 80 64 contribution margin $ 45 36 % fixed expenses are $85,000 per month and the company is selling 2,700 units per month. required: 1-a. how much will net operating income increase (decrease) per month if the monthly advertising budget increases by $9,000 and monthly sales increase by $20,000? 1-b. should the advertising budget be increased?

What type of negotiating strategy requires the supplier to open its books to the purchasers? a. competitive biddingb. cost-based price modelc. price-based modeld. market-based price modele. transparent negotiations