Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

For the week of June 6, Melvin Mince, the manager of Melvins Hotel in North western Illinois, budgeted 600 hours for room attendants to clean

For the week of June 6, Melvin Mince, the manager of Melvins Hotel in North western Illinois, budgeted 600 hours for room attendants to clean rooms. This budget was based on a work standard of cleaning one room every 36 mins. The rooms attendants actually worked 660 hours cleaning 1,050 rooms. The budgeted wage rate for room attendants is $3.40 per hour. The wages paid to room attendant totaled $2,178.00.

1. What is the amount of the budget variance?

2. What is the amount of the volume variance?

3. What is the amount of the efficiency variance?

4. What is the amount of the rate variance?

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

Conservation Easement IRS Audit Techniques Guide

Authors: Internal Revenue Service

1st Edition

1304133923, 978-1304133922

More Books

Students also viewed these Accounting questions