mean?
- In This Example What Did The Variances Actually Mean 1 (24.37 KiB) Viewed 55 times
In this example, what did the variances actually mean?
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In this example, what did the variances actually mean?
In this example, what did the variances actually
mean?
Actual DHL x Actual Rate Actual DHL X Standard Rate Standard DHL x Standard Rate 55 hours Х 55 hours х $10 per hour $9.80 per hour* $539 (0.5 hrs x 100 balls = 50 hours) х $10 per hour $500 $550 Spending variance $11 favourable Efficiency variance $50 unfavorable
mean?
Actual DHL x Actual Rate Actual DHL X Standard Rate Standard DHL x Standard Rate 55 hours Х 55 hours х $10 per hour $9.80 per hour* $539 (0.5 hrs x 100 balls = 50 hours) х $10 per hour $500 $550 Spending variance $11 favourable Efficiency variance $50 unfavorable