Thomas Paine is the dining room manager of the athens club the wages budget for...
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Accounting
Thomas Paine is the dining room manager of the athens club the wages budget for his department is diviided between fixed adn variable expenses. The work stadard for waitpersons is to serve 10 members per hour. The avergae wage rate per hour is $8.00 the variable wages budget for waitpersons for june is based on $8.00 per hour, eight-hour shits, 30 days in the month and an average of eight waitpersons per day. during the month of june the waitpersons wages totaled 17000 for 2000 hours of work the waitpersons served 24000 memebrs determine the following table:
Customers Hours Hourly Rate. Total Budget Actual Difference
2. Explain whether the budget variance determined above the significant. Assume variance significance criteria of 5 percent and $1,000. 3. Rate Paine's performance in managing the waitpersons. Support your discussion with specific numbers. 4. What is the volume variance for variable wage expense for the waitstaff for the month of June? 5. what was the budgeted waitstaff cost per cover and how does it compare with the actual?
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