Beacon Enterprises' performance report shows that its employees worked 90 hours, but their pay card report indicates that they worked 95 hours. What is the variance percentage?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter8: Standard Costs And Variances
Section: Chapter Questions
Problem 7PB: Marymount Company makes one product. In the month of April, it made 3,500 units. Workers were paid...
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What is the variance percentage?

Beacon Enterprises' performance
report shows that its employees
worked 90 hours, but their pay card
report indicates that they worked 95
hours.
What is the variance percentage?
Transcribed Image Text:Beacon Enterprises' performance report shows that its employees worked 90 hours, but their pay card report indicates that they worked 95 hours. What is the variance percentage?
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