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How do I find actual probability when given mean weight in statistics?
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Cans of salmon have a normal net weight of 250 g. However, due to variation in the canning process, the actual net weight has an approximate normal distribution with a mean of 255 g and a standard deviation of 10 g. According to Consumer Affairs, a sample of 16 tins should have less than a 5%...
Analyzing Variances: How to get the actual number of units produced and sold?
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Data for INFO CORP and its product:__STANDARD ACTUAL Direct Materials (2FT. @ $5)_________$10.00 11,750 FT. PURCHASED and USED_________________$61,100.00 Direct Labor (0.5 hr @ $10)____________5.00 2,900 hours____________________________________29,580.00 Variable Overhead...
Analyzing Variances: How to get the actual number of units produced and sold?
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Data for INFO CORP and its product: STANDARD ACTUAL Direct Materials (2FT. @ $5) $10.00 11,750 FT. PURCHASED and USED $61,100.00 Direct Labor (0.5 hr @ $10) 5.00 2,900 hours 29,580.00 Variable Overhead (0.5@4) 2.00 10,500.00 Fixed Overhead (0.5@2) 1.00 ...
How to calculate standard rate when you have actual rate and actual labor hours
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labor ravate variance = 4800 hours X (a-$8.50) = $350 favorable
How do you find Actual Price for labor rate variance when it's not given?
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The question asks for labor rate and labor efficiency variance. Also to find total actual payroll. It does not give the actual price and I don't know how to find it. Actual price:?? Actual quantity: 270 labor hours Standard price: $45 per hour Standard quantity: 300 labor hours View more questions Search
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