Answered step by step
Verified Expert Solution
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
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 producedStep 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