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The Hovious Inn is struggling to understand its unfavorable budget variance for cleaning rooms. The data...

  1. The Hovious Inn is struggling to understand its unfavorable budget variance for cleaning rooms. The data are in the Excel.
    1. What is the amount of the Budget Variance? Determine it is favorable or unfavorable. (2 points)
    2. What is the amount of the Rate Variance? Determine it is favorable or unfavorable. (2 points)
    3. What is the amount of the Volume Variance? Determine it is favorable or unfavorable. (2 points)
    4. What is the amount of the Efficiency Variance? Determine it is favorable or unfavorable. (2 points)
    5. What is the amount of the Rate-Time Variance? (1 points)
The Hovious Inn is struggling to understand its unfavorable budget variance for cleaning rooms. The data are as follows:
Budget                1,000 30 minutes $                      12.00 $    6,000.00
Actual                1,200 32 minutes $                      12.10 $    7,744.00

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