Sarah Aiken is the owner of Macaron Paws, a dog-grooming service. At standard, it takes 1.0 hour to groom each dog. Duri...
Sarah Aiken is the owner of Macaron Paws, a dog-grooming
service. At standard, it takes 1.0 hour to groom each dog. During
the month of October, it took Macaron Paws employees 368 hours to
groom 282 dogs, at a total labor cost of $4,894. In November,
employees spent 326 hours grooming 286 dogs, at a total labor cost
of $5,901; in December, 335 hours were used to groom 349 dogs, at a
total labor cost of $6,499. The wage rate standard for groomers is
$13 per hour.
(a) Calculate the labor rate and efficiency
variances for each of the past three months. (Round per
unit amounts to 2 decimal places and final answers to 0 decimal
places, e.g. 125. Enter all variances as a positive
number.)
| October | November | December | ||||||||
| Labor Rate Variance | $
|
|
$
|
|
$
|
|
||||
| Labor Efficiency Variance | $
|
|
$
|
|
$
|
|
||||
Homework Answers
(a) Calculate the labor rate and efficiency variances for each of the past three months. (Round per unit amounts to 2 decimal places and final answers to 0 decimal places, e.g. 125. Enter all variances as a positive number.)
| October | November | December | ||||||||
| Labor Rate Variance | (13*368-4894) = 110
Unfavorable |
(13*326-5901) = 1663 Unfavorable | (13*335-6499) = 2144 Unfavorable | |||||||
| Labor Efficiency Variance | (282-368)*13 = 1118 Unfavorable |
(286-326)*13 = 520 Unfavorable | (349-335)*13 = 182 Favorable | |||||||
Add Answer to:
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At standard, it takes 1.0 hour to groom each dog. During the month
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please help with COS schedule, income statement, and variances. everything is completed and added for reference....
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please complete the last 3 sections
View Help i SUBSCRIPTION EXPIRED To keep using Excel without interruption, please reactivate now. Reactivate H32 X : B for D A C E F G H I J K L M N O P Q 43 For simplicity, base all calculations using 30 days in each month OPERATIONAL DATA Grooming: The Groomer can groom 5 dogs a...
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August, 41,200 hours of labor are incurred at a cost of $14.00 per
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please help with COS schedule, income statement, and
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