Labor Efficiency Variance

[@realJamalKashoggi]

Managerial accounting final in 30min bro saved my life 🐐

[@akinaye]

Mine is in one week 😂

[@FootballMerritt]

edspira is an actual legensd

[@kellyalltogether1747]

You are helping me get through this online learning stuff. Thank you so much.

[@danario7794]

Thank you so much for posting this video. I truly appreciate it!!!!

[@Edspira]

Glad it was helpful!

[@BigBExecutive]

Currently about to take my last ACCT exam this Wednesday, and man universities should just hire you for educational content cause these professors be confusing af while you got me saying, "Ohhhhhh............"

[@Edspira]

I hope you aced your exam! Best wishes

[@t-techvids9659]

Shouldn't the total variance be the difference between the two variances (Rate and efficiency)?

[@AsadAli-gp5cv]

both unfavorable variances will add up. if one was favorable and the other was unfavorable then we'd net them off.
think of it like this, if you had -2 -3 = -5 and +2-3=-1

[@blob1085]

Thanks man

[@wesleycostaeng]

So in this case our Labbor Efficiency in terms of parts/hour was ( 7000 produced hours / 8000 paid hous ) = 87,50% of Labor Efficiency.

[@shradhdaaacharya3328]

how to calculate labour efficiency varience if standard hours not given?

[@nightthemare4742]

Thanks

[@benderbendingrofriguez3300]

who else is from University of Calgary, and has Anita as teacher?

[@ahmedsuriya3588]

thanks