Direct Labor Variances

The following data relate to direct labor costs for the production of smart tablets.

Actual:	6,300 hrs. at $23.00	$144,900
Standard:	6,000 hrs. at $24.50	$147,000

a. Determine the rate variance, time variance, and total direct labor cost variance. Enter a favorable variance as a negative amount, and an unfavorable variance as a positive amount.

Rate variance	$fill in the blank 1	Favorable Variance
Time variance	fill in the blank 3	Unfavorable Variance
Total direct labor cost variance	$fill in the blank 5	Favorable Variance

Stop-N-Stay and Paradise Inn operate motels across the northwest. Operating data for each chain are as follows:

	Hotels			Rooms per Hotel			Total Rooms
Stop-N-Stay		50			180			9,000
Paradise Inn		60			175			10,500

For August, each chain reported the following:

	Room Nights Occupied			Average Daily Room Rate
Stop-N-Stay		239,940			$125
Paradise Inn		292,950			$ 95

1. Determine the occupancy rate for Stop-N-Stay for August.

fill in the blank 1 %

2. Determine the occupancy rate for Paradise Inn for August.

fill in the blank 2 %

3. Determine the total room revenue for each chain for August.

Stop-N-Stay $fill in the blank 3

Paradise Inn $fill in the blank 4