Reference no: EM132523750
Diane Disney is the fabricating department manager of Walt D. Company. She has asked for your help in explaining her labour cost report for November. The report shows that she had a total labour variance of $2,200 unfavourable. Diane says "I expected a good labour cost report because we made improvement in several areas including reduced time for our process. We did produce less than expected because a large order was cancelled at the last moment, but I don't see how that caused my labour costs to be higher."
Disney has provided you with the following information about her labour costs.
Actual labour cost $ 135,200
Budget labour cost133,000
Total labour variance2,200U
At a first step, you decide to break the total labour variance into the rate and efficiency variances. The results of your analysis are shown below:
Labour rate variance $ 3,750 U
Labour efficiency variance1,550F
Total labour variance 2,200U
Question 1: Explain to the COO, who has been on job , what your analysis shows about how well Disney has managed her labour costs.
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