Looking for cost savings in administrative areas, the vice-president for humanresources at McMahon Corporation asked his assistant to collect data on theemployee cafeterias in the four McMahon locations around the country. After twodays, the assistant returned with the following data for the previous year.MobileLansingSpokane23,500РеcosLabor-hours37,30056,3005,400Meals served114,000222,00079,00013,900Required:a. Compute the partial productivity measures for labor for the four locations. (Roundyour answers to 3 decimal places.)Partial LaborLocationProductivityMobileРесosSpokaneLansing

Partial labour Productivity is measure related to total output at single input labour hour.

Looking for cost savings in administrative areas, the vice-president for human resources at McMahon Corporation asked his assistant to collect data on the employee cafeterias in the four McMahon locations around the country. After two days, the assistant returned with the following data for the previous year. Spokane 23,500 79,000 Lansing 5,400 13,900 Mobile Реcos 56,300 222,000 Labor-hours 37,300 114,000 Meals served Required: a. Compute the partial productivity measures for labor for the four locations. (Rour your answers to 3 decimal places.) Partial Labor Location Productivity Mobile Pecos Spokane Lansing

Looking for cost savings in administrative areas, the vice-president for human resources at McMahon Corporation asked his assistant to collect data on the employee cafeterias in the four McMahon locations around the country. After two days, the assistant returned with the following data for the previous year. Spokane 23,500 79,000 Lansing 5,400 13,900 Mobile Реcos 56,300 222,000 Labor-hours 37,300 114,000 Meals served Required: a. Compute the partial productivity measures for labor for the four locations. (Rour your answers to 3 decimal places.) Partial Labor Location Productivity Mobile Pecos Spokane Lansing

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers that it uses in its budgeting and performance reports-the number of courses and the total number of students. For example, the school might run two courses in a month and have a total of 63 students enrolled in those two courses, Data concerning the company's cost formulas appear below Instructor wages Classroom supplies Utilities Campus rent Insurance Administrative expenses Revenue Instructor wages Classroom supplies Utilities Campus rent Insurance Administrative expenses Fixed Cost per Month For example, administrative expenses should be $3,600 per month plus $41 per course plus 54 per student. The company's sales should average $890 per student. The actual operating results for September appear below: Cost per Cost per Course Student $2.930 $290 $1,200 $4,600 $2,000 $3,800 $ 41 $ 4 Revenue Expenses $ 90 Actual $53.170 $ 11,000 $18,120 $ 1.970 $ 4,600 Required: 1.…
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Top management at Reisener Corporation are looking to improve productivity in corporate staff functions. One area targeted for the initiative is the Human Resources (HR) department. The following data were collected for three relatively routine actions for the most recent period: hiring, separations, and transfers (within Reisner facilities). Staff-hours Personnel actions completed Action Hiring Separations Transfers Hiring 3,500 110 Required: a. Compute the partial productivity measures for labor for the three actions. Note: Round your answers to 3 decimal places. Partial Labor Productivity Separations 2,700 62 Transfers 3,900 110
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Wetherbee Tech Services (WTS) is a chain of computer maintenance technicians for households and small businesses. The following data are available for last year's services: • WTS recorded 120,600 tech calls last year. It had budgeted 126,200 calls, averaging 90 minutes each. • Standard variable labor and support costs per tech call were as follows: . Direct IT specialist services: 90 minutes at $54 per hour Variable support staff, supplies, and overhead: 30 minutes at $24 per hour Fixed overhead costs: Annual budget $4,141,200 Fixed overhead is applied at the rate of $36.00 per call. Actual tech service call costs: Direct IT specialist services: 120,600 calls averaging 84 minutes at $56.00 per hour Variable support staff, supplies, and overhead: averaging 40 minutes per call at $22.50 per hour x 120,600 calls Fixed overhead Required: a. Prepare a cost variance analysis for each variable cost for last year. b. Prepare a fixed overhead cost variance analysis. Complete this question by…
The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses in its budgeting and performance reports-the number of courses and the total number of students. For example, the school might run two courses in a month and have a total of 61 students enrolled in those two courses. Data concerning the company's cost formulas appear below. Instructor wages Classroom supplies Utilities Campus rent Insurance Administrative expenses Cost per Fixed Cost per Month Cost per Course Student 2,940 $ 290 1,210 $ 50 4,700 2,200 3,700 $ 46 $ For example, administrative expenses should be $3,700 per month plus 546 per course plus $4 per student. The company's sales should average $880 per student. The company planned to run four courses with a total of 61 students; however, it actually ran four courses with a total of only 55 students. The actual operating results for September appear below. Revenue Actual 50,780 Instructor wages $ 11,040…
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Looking for cost savings in administrative areas, the vice-president for human resources at McMahon Corporation asked his assistant to collect data on the employee cafeterias in the four McMahon locations around the country. After two days, the assistant returned with the following data for the previous year. Mobile Pecos Spokane Lansing Labor-hours 35,500 58,800 24,100 6,000 Meals served 111,000 217,000 77,000 13,300 Required: a. Compute the partial productivity measures for labor for the four locations. (Round your answers to 3 decimal places.)
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