Solution:
Actual rate of labor = $4890 / 350 = $13.971429
Labor rate Variance = (SR - AR) * AH = ($15- $13.971429) * 350 = $360 favorable
Labor Efficiency variance = (SH - AH) * SR = (300*1 - 350) * $15 = $750 Unfavorable
(11. Pretty Paws is a dog-grooming service. At standard, it takes 1 hour to groom each...
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...
Problem 11-3 Sarah Aiken is the owner of Paver Paws, a dog-grooming service. At standard, it takes 1.0 hour to groom each dog. During the month of October, it took Paver Paws employees 338 hours to groom 313 cost of $4,732. In November, employees spent 371 hours grooming 322 dogs, at a total labor cost of $6,604; in December, 381 hours were used to groom 312 dogs, at a total labor cost of $7,544. The groomers is $14 per hour....
Sarah Aiken is the owner of Lawn Paws, a dog-grooming service.
At standard, it takes 1.0 hour to groom each dog. During the month
of October, it took Lawn Paws employees 342 hours to groom 279
dogs, at a total labor cost of $4,412. In November, employees spent
327 hours grooming 341 dogs, at a total labor cost of $6,115; in
December, 348 hours were used to groom 316 dogs, at a total labor
cost of $7,343. The wage rate...
VARIABLE & FIXED COSTS: Determine your per unit cost per dog for grooming, day care and boarding OPERATIONAL & COST INFORMATION: For simplicity, base all calculations using 30 days in each month OPERATIONAL Data: Grooming: The Groomer can groom 5 dogs a day, 5 days a week, each grooming takes 1.5 labor hours. Day Care: The Day Care can house 10 large dogs and 12 small dogs daily. Day Care is offered 6 days a week . Boarding: There are...
Total Labor Variance Tico Inc. produces plastic bottles. Each bottle has a standard labor requirement of 0.02 hours. During the month of April, 530,000 bottles were produced using 15,000 labor hours@ $10.00. The standard wage rate is $8.00 per hour. Required: Calculate the total variance for production labor for the month of April. Enter amounts as positive numbers. If required, round your answer to the nearest cent. $ Labor Rate and Efficiency Variances Tico Inc. produces plastic bottles. Each bottle...
help? I am a little lost here.
ITEMS TO COMPLETE FOR THIS MILESTONE (Blue Tabs): GENERAL You plan to open a pet services business that will offer dog grooming, day care and boarding COMPANY PROFILE TAB Determine a company name. B crete (e.g. "Inspiring Dog Care"] Pick a location (e.g. "Chicago") Define your company's vision and mission for how your business will add value to the community COST CLASSIFICATION Accurately classify all of your costs [direct material, direct labor, manufacturing...
INSTRUCTIONS: Determine the per unit cost for each dog. Fill in the blanks to get the per unit cost and fixed cost of each service. Based on 5 grooms per day GROOMING Item Variable Costs Item Fixed Costs 1.37 Shampoo Clipper(s) Bowls Towels Scissors ou Groomer Rent Loan Utilities and Insurance Depreciation on heating system Cleaning Products: Odoban Cleaning Products: Simple Green Draw Total Fixed Costs 30.95 20.00 28.57 3.95 2.08 2.36 200.00 2,367.91 Total Variable Costs $ 9.97 $...
Suds & Cuts is a local pet grooming shop owned by Collin Bark. Collin has prepared the following standard cost card for each dog bath given: Shampoo Water Direct labor Standard Quantity Standard Rate 1.2 oz. $ 0.20 per oz. 10 gal. $ 0.04 per gal. 0.8 hr. $ 9.00 per hr. Standard Unit Cost $ 0.24 0.40 7.20 During the month of July, Collin's employees gave 300 baths. The actual results were 700 ounces of shampoo used (cost of...
please help with COS schedule, income statement, and
variances. everything is completed and added for reference.
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...
6 MILESTONE 2 (Due in Module 4) MILESTONE 3 (Due in Module 5) MILESTONE 1 (Due in Module 2) 7 9 Instructions Milestone 2 10 12 1. Contribution Margin COGM Schedule .5 Name Choose a price range and calculate Grooming Create a Cost of Goods Manufactured Sched Location Vision Day Care Mission Bcarding 2. 2. 2. Break-Even Analysis Identify the following Create an Income Statement Calculate the break-even units Revenue will be provided end of week 4 Direct Materials Grooming...