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Use the following data to calculate Labor variances for Shoemaker Inn VV = BR(BT-ATAO) RV = BT(BR-AR) Bud Var = BLE - ALE EV =

Use the following data to calculate Labor variances for Shoemaker Inn

VV = BR(BT-ATAO) RV = BT(BR-AR) Bud Var = BLE - ALE

EV = BR(ATAO-AT) R-TV = (BT-AT) * (BR-AR

Shoemaker Inn budgeted to sell 440 room nights with 220 hours and a total cost of $737.They sold 415 rooms, paid $3.00 per hour and had total costs of $581.

# of room Time per room Total time Hourly Total cost
Budget 440 2hrs 220hrs $737
Actual 415 1.886hrs 220hrs $581

What is Shoemaker Inn's Total Labor Cost Variance

What is Shoemaker Inn's Rate Variance

What is Shoemaker Inn's Volume Variance

What is Shoemaker Inn's Efficiency Variance

What is Shoemaker Inn's Rate-Time Variance

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