Banner Systems is a start-up company that makes connectors for high-speed Internet connections. Banner has budgeted three hours of direct labor per connector, at a standard cost of $ 13 per hour. During August, technicians actually worked 190 hours completing 78 connectors. All 78 connectors actually produced were sold. Banner paid the technicians $ 13.80 per hour. What is Banner's direct labor efficiency variance for August?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Banner Systems is a start-up company that makes connectors for high-speed Internet connections. Banner has budgeted three hours of direct ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
A loud band plays a concert late at night in a neighborhood park. The noise produced by the band that keeps the neighbors not attending the concert awake is only a private cost. only an external cost. both a private cost and an external cost.
Answers (2)
When a taxpayer experiences a net loss from a nonresidence (rental property): a. the taxpayer will not be allowed to deduct the loss under any circumstance if the taxpayer does not have passive income from other sources. b.
No Answers
Market failure occurs when A. the market system fails to allocate resources to each individual according to their needs. B. the unrestrained market economy leads to too few or too many resources going to a specific economic activity. C.
Answers (2)
If a corporation has two classes of common stock, what is typically unique about the second or class b common stock?
Answers (1)
Why was Friedrich von Hayek against government intervention in an economy? It would reduce people's economic freedom. It would increase people's political freedom. It would raise the price of goods and services.
Answers (2)
New Questions in Business
Ponzi Products produced 100 chain-letter kits this quarter, resulting in a total cash outlay of $10 per unit. It will sell 50 of the kits next quarter at a price of $11, and the other 50 kits in the third quarter at a price of $12.
Answers (1)
In 1929, how much more did the average family in the top 20 percent earn than the average family in the bottom 40 percent?
Answers (1)
Gina loaned Tom $50,000. Tom signed a note the terms of which called for monthly payments of $2,000 plus 6% interest on the outstanding balance. In 2018, when the balance owing on the loan was $18,000, Tom defaulted on the note.
Answers (1)
Technical tool that provides users with the ability to study, control, and improve processes of all types is a:
Answers (1)
Johansen Corporation has a target capital structure of 60 percent common stock and 40 percent debt. Its cost of equity is 14 percent, and the cost of debt is 8 percent. The relevant tax rate is 30 percent. What is the company's WACC?
Answers (1)