What was the direct labour efficiency variance

Reference no: EM131437220

Question: Using the figures shown in Activity below, what was the direct labour efficiency variance for June?

Show that

Budget Actual

Output 11,00 units 1,150 units

(Production and sales)

£ £

Sales revenue 110,000 113,500

Raw materials (44,000) (44,000 meters) (46,300) (46,300 meters)

Labour (22,000) (2,750 hours) (23,200) (2,960 hours)

Fixed overheads (20,000) (19,300)

Operating profit 24,000 24,700

Try flexing the june budget, comparing it with the original june budget, and so find the sales volume variance.

Reference no: EM131437220

Questions Cloud

Prokaryotic and eukaryotic genes : What are all the features of prokaryotic and eukaryotic genes?

Describe the pathophysiology of hyperthyroidism : Describe the pathophysiology of hyperthyroidism. Explain the signs/symptoms you would expect this patient to manifest and correlate them with the pathophysiology you described. Provide details of the tests done to confirm the diagnosis of hyperthy..

Compute the cost rate for the system with servers : Hilton Garden Inn in Atlanta needs to decide whether to have 2 or 3 operators answering calls from customers and hotel guests. The hourly wage of a customer service representative is $30. Compute the cost rate for the system with 2 and 3 servers and ..

Jellies have sensory organs encircling the bell of the medus : Jellies have sensory organs encircling the bell of the medusa. Why would it be advantageous for jellies to have it? Compare tapeworm and planarian anatomy in relation to their lifestyles (especially consider the proglottids, anterior structures, an..

What was the direct labour efficiency variance : Try flexing the june budget, comparing it with the original june budget, and so find the sales volume variance.

Digestive tract and two organisms : Name two organisms that have one opening into the digestive tract and two organisms with a separate mouth and anus. What is the disadvantage of a single opening over a complete digestive tract?

Discuss about the product and promotional decisions : Now that the product and promotional decisions have been made for the new product, Michelle is concerned about the pricing of the new product and the distribution channels that will be used to make the product available to customers. She has asked..

Evolution questions- simtext finches and trees : 1.) Why are the birds discussed in this lab called Darwin's finches?

Estimated quantity of resources required to perform activity : Activities define more generally than work packages how the work will get done. The estimated duration for an activity must be based on the estimated quantity of resources required to perform the activity. Based on analysis of actual cost it is possi..

User Account

All Pages