Question
What does this subset of variance analysis tell you about the PERFORMANCE of various managers? - DL Usage Variance = (3,310.4 hrs - 3,064 hrs)
What does this subset of variance analysis tell you about the PERFORMANCE of various managers?
- DL Usage Variance = (3,310.4 hrs - 3,064 hrs) x $18.00 hr = $4,435.20 Favorable
- DL Rate Variance = (18.00 hr - $18.6504569 hr) x 3,064 = -$1,992.99994 Unfavorable
- Total DL Cost Variance = $4,435.20 + (-$1,992.99994) = $2,442.20006
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Accounting
Authors: Charles T. Horngren, Walter T. Harrison Jr., Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood
9th Canadian Edition volume 2
013269008X, 978-0133122855, 133122859, 978-0132690089
