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Kerensky Car Wash, Inc. . expected to wash 1. 000 cars during the month of Augus

ID: 2368840 • Letter: K

Question

Kerensky Car Wash, Inc. . expected to wash 1. 000 cars during the month of August. Washing each car was expected to require 0. 3 hours of labor. the company actually used 320 hours of labor to wash 970 cars. the labor usage variance was $551 unfavorable. Determine the standard labor price. (Omit the "$" sign in your response. ) Standard labor price $ Assume the actual labor rate is $13. Calculate the total labor price variance and indicate the effect of the variance by selecting "Favorable", "Unfavorable", or "None" (No effect) (i. e. . zero variance). (Input the amount as positive value. Leave no cell blank - be certain to enter "0" wherever required. Omit the "$" sign in your response. ) Total labor price variance $

Explanation / Answer

This will help you. http://www.solutioninn.com/business/managerial-accounting/performance-evaluation/determining-the-standard-labor-price-kerensky-car-wash-inc-expected