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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
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What is Shoemaker Inn's Rate-Time Variance
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