Question
Tobias makes white T-shirts in lots of 12 that they sell for $12 per lot. This month they plan to make and sell 500 lots
Tobias makes white T-shirts in lots of 12 that they sell for $12 per lot. This month they plan to make and sell 500 lots and have the following standards:
DM: 12 meters per lot @ $1.50 per meter
DL: 2 DLH per lot @ $16.00/hour
VOH: $10.00 per DLH
FOH: $9,000 per month
Actual results for the month are:
580 lots made and sold with 12,580 in DM for 7,390 meters of material and 16,300 for 1,055 DLH and 9,500 in VOH and 8,940 in fixed OH.
Enter a negative number for unfavorable variances and a positive number for favorable variances.
Calculate the VOH Efficiency Variance and DL Efficiency Variance
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