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Waterway 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
Waterway 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 hour; hourly wage rate $; payroll taxes of wage rate; setup and downtime of actual labour time; cleanup and rest periods of actual labour time.
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If one employee has an hourly wage rate of $ and she worked hours on completing manicures for the week, what is the direct labour price variance? Round calculations and final answer to decimal places, eg
Price variance
$
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