Hassock corp. produces woven wall hangings. it takes 2 hours of direct labor to produce a single wall hanging. hassock’s standard labor cost is $12 per hour. during august, hassock produced 10,000 units and used 21,040 hours of direct labor at a total cost of $250,376. what is hassock’s labor rate variance for august? a. $2,000 favorable. b. $2,104 unfavorable. c. $2,104 favorable. d. $4,160 favorable. e.$2,000 unfavorable.

What term is used to describe the outsourcing of logistics? a. shipper managed inventoryb. hollow logistics(smi)c. sub-logisticsd. e-logisticse. third-party logistics (3pl)

Inventory by three methods; cost of goods sold the units of an item available for sale during the year were as follows: jan. 1 inventory 20 units at $1,800 may 15 purchase 31 units at $1,950 aug. 7 purchase 13 units at $2,040 nov. 20 purchase 16 units at $2,100 there are 18 units of the item in the physical inventory at december 31. determine the cost of ending inventory and the cost of goods sold by three methods, presenting your answers in the following form: round your final answers to the nearest dollar. cost inventory method ending inventory cost of goods sold a. first-in, first-out method $ $ b. last-in, first-out method $ $ c. weighted average cost method $ $

Suppose that each country completely specializes in the production of the good in which it has a comparative advantage, producing only that good. in this case, the country that produces jeans will produce million pairs per week, and the country that produces corn will produce million bushels per week.