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1A. A hospital nursing unit has the following operating results for labor: Actual hours worked of 4,000 against budgeted hours of 3,800 and actual hourly
1A. A hospital nursing unit has the following operating results for labor: Actual hours worked of 4,000 against budgeted hours of 3,800 and actual hourly wage rate of $27.00 against a budgeted rate of $28.00. Calculate the Rate Variance and select the correct answer.
Group of answer choices
-$3,800 favorable variance
-$4,000 favorable variance
-$4,100 unfavorable variance
1B. calculate the Efficiency Variance and select the correct answer.
Group of answer choices
$5,600 unfavorable variance
$5,000 unfavorable variance
$5,100 favorable variance
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