Coltrane music manufactures muscial intruments for sale to students and professionals. The information for one of Coltrane's most popular products, professional saxophones, follows: Product Saxphone
Standard direct labor hours per saxophone 1.75
Standard direct labor rate per hour $30.0
Actual number of saxophones manufactured 690
Actual direct labor hours worked 900
Actual total direct labor cost $16,830

What is the labor rate variance for saxophones?
a. $10,170 unfavorable
b. $10,170 favorable
c. $7,797 favorable
d. $7,797 unfavorable

The purpose of safety stock is to: a. eliminate the possibility of a stockout. b. control the likelihood of a stockout due to variable demand and/or lead time. c. eliminate the likelihood of a stockout due to erroneous inventory tally. d. protect the firm from a sudden decrease in demand. e. replace failed units with good ones.

Jillian wants to plan her finances because she wants to create and maintain her tax and credit history. she also wants to chart out all of her financial transactions for the past federal fiscal year. what duration should jillian consider to calculate her finances? from (march or january )to (december or april)?

As a result of a thorough physical inventory, waterway company determined that it had inventory worth $320200 at december 31, 2020. this count did not take into consideration the following facts: walker consignment currently has goods worth $47400 on its sales floor that belong to waterway but are being sold on consignment by walker. the selling price of these goods is $75900. waterway purchased $21900 of goods that were shipped on december 27, fob destination, that will be received by waterway on january 3. determine the correct amount of inventory that waterway should report.