Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

All of the detail information are given in this question. Can you just give ur answer according to the requirements? 1 In this Lab, you

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed All of the detail information are given in this question. Can you just give ur answer according to the requirements?

1 In this Lab, you will focus on: 2 Master the data (M) 3 Perform test plan (P) Case: 6 Boutique Winery is a small but fast growing winery in Ontario. It has received many awards from its 74 classic wine products (Red, White, Ros and Sparkling). The rapid growth has put a lot of strain on its staff 8 and management is concern about the increase in labour cost. 9 10 You, a consultant, has been engaged to help with the analysis to review the labour cost in wine production. The Finance team has provided excerpts of their data dictionary to help your analysis: 13 Product code details: 25 1. Review and validate the consolidated timesheet data received from HR. 26 For any data issues identified, please move them to a separate tab. 2. Cross reference the product code against the product type. 3. Convert the activity codes to process descriptions. 4. Create a pivot table to summarize the actual labour hours by product and by activities. 5. Calculate the efficiency variance for each product by each process 6. Calculate the labour rate variance for each product by each process For requirements 5&6, please assume that actual units produced equal to expected units produced. 1 In this Lab, you will focus on: 2 Master the data (M) 3 Perform test plan (P) Case: 6 Boutique Winery is a small but fast growing winery in Ontario. It has received many awards from its 74 classic wine products (Red, White, Ros and Sparkling). The rapid growth has put a lot of strain on its staff 8 and management is concern about the increase in labour cost. 9 10 You, a consultant, has been engaged to help with the analysis to review the labour cost in wine production. The Finance team has provided excerpts of their data dictionary to help your analysis: 13 Product code details: 25 1. Review and validate the consolidated timesheet data received from HR. 26 For any data issues identified, please move them to a separate tab. 2. Cross reference the product code against the product type. 3. Convert the activity codes to process descriptions. 4. Create a pivot table to summarize the actual labour hours by product and by activities. 5. Calculate the efficiency variance for each product by each process 6. Calculate the labour rate variance for each product by each process For requirements 5&6, please assume that actual units produced equal to expected units produced

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Connect For Payroll Accounting 2020

Authors: Jeanette Landin

6th Edition

1260943895, 9781260943894

More Books

Students also viewed these Accounting questions

Question

In what ways are you similar to your closest friends?

Answered: 1 week ago