The liquid line departmental manager of Colgate Palmolive, which produces various personal care items including toothpaste...
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The liquid line departmental manager of Colgate Palmolive, which produces various personal care items including toothpaste is analysing the first 10 months of its performance. The standard ratio of direct labour hours (DLHS) to machine hours is 4:1. The standard labour rate is $15.08. Units produced Machine Standard Actual Direct hours DLH DLH labour efficiency variance January 50 478 165.5 662.00 374.00 $4343 February 31 943 100.3 401.20 214.00 March 185 179 552.0 2 208.00 1 068.00 2823 17 191 April 212 274 713.8 2 855.20 1 495.75 20 501 May 48 390 160.0 364.00 June 82 436 232.0 536.50 July 36 208 104.0 283.00 August 33 483 96.0 317.50 September 31 560 96.0 328.50 October 28 191 72.0 158.00 REQUIRED 1. The departmental manager was rushing off to a meeting and asked you to do the following: a. Calculate the Standard direct labour hours for the months of May to October (rounded off to 2 decimal places) (3 marks) b. Calculate the Direct labour efficiency variance for the months of May to October. (3 marks) c. Are the labour efficiency variances for the months of May to October favorable or unfavorable? Briefly explain. (2 marks) The liquid line departmental manager of Colgate Palmolive, which produces various personal care items including toothpaste is analysing the first 10 months of its performance. The standard ratio of direct labour hours (DLHS) to machine hours is 4:1. The standard labour rate is $15.08. Units produced Machine Standard Actual Direct hours DLH DLH labour efficiency variance January 50 478 165.5 662.00 374.00 $4343 February 31 943 100.3 401.20 214.00 March 185 179 552.0 2 208.00 1 068.00 2823 17 191 April 212 274 713.8 2 855.20 1 495.75 20 501 May 48 390 160.0 364.00 June 82 436 232.0 536.50 July 36 208 104.0 283.00 August 33 483 96.0 317.50 September 31 560 96.0 328.50 October 28 191 72.0 158.00 REQUIRED 1. The departmental manager was rushing off to a meeting and asked you to do the following: a. Calculate the Standard direct labour hours for the months of May to October (rounded off to 2 decimal places) (3 marks) b. Calculate the Direct labour efficiency variance for the months of May to October. (3 marks) c. Are the labour efficiency variances for the months of May to October favorable or unfavorable? Briefly explain. (2 marks)
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