Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the beagle rescue project had a labor cost budget

The Beagle Rescue Project had a labor cost budget of $174,000 for the year. Staff...

80.2K

Verified Solution

Question

Accounting

The Beagle Rescue Project had a labor cost budget of $174,000 for the year. Staff costs related to grooming, feeding, walking, and so varies in direct proportion to the number of dogs based on an hourly rate of $20. They estimate that staff time per dog is 14.5 hours. In its budget this year, they plan to rescue 600 dogs, but they actually rescued 675 dogs. The staff average cost turned out to be $21 per hour. Staff worked a total of 8,775 hours.
Task:
In Excel, create a budget to actual presentation of each line item including calculations of total expenses, dollar and percent variances, and favorable or unfavorable labels for each. Overall, in a few sentences, what does the variance analysis suggest?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

For this problem, carry at least four digits after the decimal in your calculations. Answers may...

Advance Math
1.2K views

Solve the following system of congruences: x ≡ 2 (mod 14) x ≡ 16 (mod 21)...

Programming
1.2K views

USING VISUAL STUDIO 2017, LANGUAGE VISUAL C# I have struggled on this program for quite some...

Physics
1.2K views

A 320.-kg reindeer stands in the middle of the railroad tracks, frozen by the lights...

Geometry
1.2K views

Darcie is baking a cake and has mixed 360 mini chocolate chips into the batter...

Basic Math
1.2K views

The equation of an ellipse is given below.x2/17+y/35= 1What are the foci of this ellipse?Choose...

Statistics
1.2K views

A computer randomly selects a number from 1 through 50 Two selections are made by...

Statistics
1.2K views

Assume that a randomly selected subject is given a bone density test Those test scores...

Accounting
1.2K views

need some help Plainview Paving Contractors (PPC) is a rapidly growing, recently established company...

Accounting
1.2K views

Multiple Choice 1.50 0.67. 275 036 365

Finance
1.2K views

1. Investor Mr.L has invested in bonds that has a par value of $900 and...

Finance
1.2K views

Which of the following explanations is true? (1 Mark) The domestic currency value...