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I need help with this problem! Thank you Question 19 Nifty Nail Salon Limited is trying to determine the standard labour cost of a manicure.
I need help with this problem! Thank you
Question 19 Nifty Nail Salon Limited is trying to determine the standard labour cost of a manicure. The following data has been collected after analyzing one month's work: actual time spent on a manicure 1 hour; hourly wage rate $12; payroll taxes 5% of wage rate, set-up and downtime 9% of actual labour time; cleanup and rest periods 18% of actual labour time. Determine the standard direct labour hours per manicure. (Round answer to 2 decimal places, e.g. 15.25.) Standard direct labour hours per manicure hours Determine the direct labour cost per direct labour hour. (Round answer to 2 decimal places, e.g. 15.20.) Direct labour cost per direct labour hour If a manicure took 1 hour at the standard hourly rate, what is the direct labour quantity variance on that one manicure? (Round answer to 2 decimal places, e.g 15.25.) Quantity variance Neither favourable nor unfavourable Unfavourable Favourable If one employee has an hourly wage rate of $12.50 and she worked 38 hours on completing manicures for the week, what is the direct labour price variance? (Round answer to 2 decimal places, e.g. 15.25.) Price varianceStep by Step Solution
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