Calculating the direct labor rate variance and the direct, Ask an Expert

Management Studies

Calculating the Direct Labor Rate Variance and the Direct Labor Efficiency Variance

Guillermo's Oil and Lube Company is a service company that offers oil changes and lubrication for automobiles and light trucks. On average, Guillermo has found that a typical oil change takes 24 minutes and 6.2 quarts of oil are used. In June, Guillermo's Oil and Lube had 980 oil changes.

Guillermo's Oil and Lube Company provided the following information for the production of oil changes during the month of June:

Actual number of oil changes=980

Actual number of direct labor hrs worked=386

Actual rate paid per direct labor hr=$14.50

Standard rate per direct labor hour=$14.00

Calculate total direct labor variance for oil changes in June?

Calculate The Direct Labor Rate Variance (LRV) and Direct Labor efficiency variance (LEV)

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92448540

Have any Question?Write your Review or question?

Related Questions in Operation Management

You are the store manager for a bomberland store one of

You are the store manager for a Bomberland store. One of your products is a study desk. This desk comes in two colors: maple and cherry. Weekly demand for each desk color follows a Normal distribution with mean 100 and s ...

1 why should organizations help individual manage stress

1. Why should organizations help individual manage stress? Isn't stress the individual's responsibility? 2. Does more stress occur today than in past generations and what evidence is available concerning this question? 3 ...

1 which of the following statements is true of a value

1. Which of the following statements is true of a value chain? a. A value chain is narrower in scope than a supply chain. b. The pre- and postservice framework of a value chain emphasizes that service is a critical compo ...

1 if you were running a business would you implement a

1. If you were running a business, would you implement a pay-for-performance scheme? Why or why not? 2. Taking a position in a favor of delivering training to employees in an on-ground setting and outline the arguements ...

1 explain the duty to mitigate damages when a contract is

1. Explain the duty to mitigate damages when a contract is breached. Provide one example where the victim of a breach did not mitigate the damages, and one example where the victim of a breach did mitigate the damages. 2 ...

The following information applies to the questions

[The following information applies to the questions displayed below.] “It’s impossible! There is no justification for ignoring these entries.” These are the words spoken by Jackie Bauman at a meeting with the CFO of the ...

Imagine that you are working as an intern at an advertising

Imagine that you are working as an intern at an advertising agency and the agency just won a new account, a bottled team named Leafs Alive. The sale of bottled tea is surging, with the industry reaching $10.5 billion in ...

Okay if psychological motivators are so powerful what kinds

Okay, if psychological motivators are so powerful, what kinds of non-financial motivators do leaders use to inspire worker excitement, commitment, loyalty and engagement? Effective listening is one example of a psycholog ...

This weekrsquos assignment is a position paper below are

This week’s assignment is a position paper. Below are two statements of which you will select one to be the basis of the assignment. You are then asked to determine if you will take a pro (agree) or con (disagree) positi ...

You are managing a project to film 5 promotional videos to

You are managing a project to film 5 promotional videos to be posted on Youtube, to promote a company. Your project has a Budget at Completion (BAC) of $12,000. One of the tasks on the critical path is to arrange a filmi ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert