The following labor standards have been established for a particular product: Standard labor-hours per unit of output 9.6 hours
Standard labor rate $ 13.40 per hour

The following data pertain to operations concerning the product for the last month:

Actual hours worked 7,400 hours
Actual total labor cost $ 96,200
Actual output 950 units

Required:
a. What is the labor efficiency variance for the month?
b. What is the labor rate variance for the month?

As related to a company completing the purchase to pay process, is there an accounting journal entry "behind the scenes" when xyz company pays for the goods within 10 days of the invoice (gross method is used for discounts and terms are 2/10 net 30) that updates the general ledger?

Chuck, a single taxpayer, earns $80,750 in taxable income and $30,750 in interest from an investment in city of heflin bonds. (use the u.s. tax rate schedule.) (do not round intermediate calculations. round your answers to 2 decimal places.)

When cell phones were first entering the market, they were relatively large and reception was undependable. all cell phones were essentially the same. but as the technology developed, many competitors entered, introducing features unique to their phones. today, cell phones are only a small fraction of the size and weight of their predecessors. consumers can buy cell phones with color screens, cameras, internet access, daily planners, or voice activation (and any combination of these features). the history of the cell phone demonstrates what marketing trend?