Find the labor efficiency variance for the month

Assignment Help HR Management
Reference no: EM1341488

Labor Efficiency Variance explained in this solution

Following labor standards have been established for a product

standard labor hours per unit of output 8 hours
standard labor rate $13.10 per hour

the following data pertain to operations concerning the product for the last month:

actual hours worked 4,000 hours
actual total labor cost $53,000
actual output 400 units

What is the labor efficiency variance for the month?

A 10,600 U
B 11,080 U
C 11080 F
D 10480 U

Reference no: EM1341488

Questions Cloud

Which statement do you agree with and why : Which statement do you agree with and why and Is your outlook it is ethnocentric or culturally relativistic?
Performance on standardized test : Why do you think that teachers unions object to linking teachers pay to their students performance on standardized test.
American federation of labor : Compare the American Federation of Labor's trade unionism with reformist unions such as the Knights of Labor and the National Labor Union.
What is the labor rate variance for the month : Important information about Labor Rate variance - What is the labor rate variance for the month?
Find the labor efficiency variance for the month : Labor Efficiency Variance explained in this solution - What is the labor efficiency variance for the month?
Unions of 1920s : This posting examines why was prosperity only for the business and middle class or rich which invested in these businesses that where prosperous.
Influential politicians toward business : Describe the attitude of some influential politicians toward business and labor in the 1920s
What are key areas hr and executive management : What are key areas HR and Executive Management must consider when designing an organizational strategy in the focus area of compensation including; pay structures, variable compensation, and employee benefit plans?
What factors or events contribute to variances : What are budget variances and What factors or events contribute to variances

Reviews

Write a Review

HR Management Questions & Answers

  Larger organization what are the steps and procedure

In a larger organization what are the steps and procedure a supervisor must follow terminate an employee for theft or wrong-doing, or just not performing on the job?

  Describe the balanced score card

how and such other nonquantitative factors that cannot be put in the balance sheet

  Clarification of balanced scorecard

Clarification of Balanced Scorecard - A balanced scorecard and A chart showing all of the costs compared to budgeted amounts per unit

  Phases of labor and union development in u.s.

Can someone please describe to me the major phases of labor/union development in the U.S.-characterizing with examples?

  Dimension of the balanced scorecard

Which dimension of the balanced scorecard answers the question How do our clients see us - Customer perspective

  Generating long-term behavioral improvement

Show the challenge of generating long-term behavioral improvement. Do incentive plans improve performance for only a brief window of time?

  Railway labor act

Complete an in-depth analysis of the Railway Labor Act (RLA), including its amendments, judicial interpretations and administrative law. Also, tie this in/relate to labor relations.

  Changing role of the human resource department

Prepare a discussion paper on the changing role of the Human Resource Department.

  Internal and external equity comparison

Internal and External Equity Comparison Write a paper, in which you identify a total compensation plan for an organization focused on internal equity

  Pay equity and strategic management for hrm

Pay Equity and Strategic Management for HRM - How can the processes for strategic management discussed be transplanted to manage the HRM function

  Define global and international regional strategies

Define 'global' and 'international regional' strategies. What challenges do global markets pose for brand management?

  Develop a report on the effectiveness

Importance of Human Resources - Develop a report on the effectiveness of a staffing process for entry-level jobs, what factors would you address and why?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd