Fortes Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours.

Inputs Standard Quantity or Hours per Unit of Output Standard Price or Rate
Direct materials 9.7 ounces $7.80 per ounce
Direct labor 0.4 hours $38.70 per hour
Variable manufacturing overhead 0.40 hours $6.10 per hour

The company has reported the following actual results for the product for April:

Actual output 7300 units
Raw materials purchased 49,900 ounces
Actual cost of raw materials purchased $372,350
Raw materials used in production 70,840 ounces
Actual direct labor-hours 2610 hours
Actual direct labor cost $105,800
Actual variable overhead cost $ 14,941

Required:

Enter all numbers as positive and rounded to the nearest dollar
Materials price variance $
Materials quantity variance $
Labor rate variance $
Labor efficiency variance $
Variable overhead rate variance $
Variable overhead efficiency variance $

If a team of three workers, each making the u.s. federal minimum wage, produced these 12 rugs, what would the total labor cost be? don't forget that these workers would be working overtime.

Read the overview below and complete the activities that follow.apartment complexes often look for ways to recruit new tenants and retain current tenants. although apartment complexes offer the tangible benefit of shelter to their tenants, many apartment complexes also offer additional services to tenants to encourage tenants to stay or to support the rent prices. the following scenario identifies the several service gaps of a company that runs an apartment complex as well as solutions for reducing these service gaps.concept review: customers have certain expectations about how a service should be delivered. a service gap occurs when the delivery of a service fails to meet customer expectations. there are four types of service gaps: knowledge gap, standards gap, delivery gap, and the communications gap. it is important for marketers to identify these gaps and develop strategies for minimizing them.match the example or solution to the appropriate service gap category.1. wait for repairs 5. train employees well2. understand expectations 6. incentives for tenants3. do not overpromise 7. family movie night4. empower employees 8. delayed lawn careservice gap example solutionknowledge gap standards gap delivery gap communication gap

Which of the following results in an increase in the standard of living? a. an increase in unemployment pushes down the cost of production. b. wages go up to correct for the inflation of prices. c. income increases, enabling consumers to buy more goods and services. d. rising production costs drive up the price of goods and services.