Question
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
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
Question 97.5 pts
From problem 8 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
Question 107.5 pts
What is the total labor expense variance from problems 8 and 9?
Group of answer choices
$2,600 unfavorable variance
-$1,400 favorable variance
$1,600 unfavorable variance
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started