The following planned figures for a trenching job are available: At a particular time during the construction, the site

8. (20) The following planned figures for a trenching job are available: Cost Resources Activity Quantity Excavations second 100,000 yd3 $100,000 Machines 1000 hours Labor 5000 man-hours $100,000 hauling 62,500 Trucks 2000 hours At a particular time during the construction, the site manager realizes that the actual excavation will be in the range of 110,000 yd. Based on the new quantity he figures that he will have 30,000 yd3 left. From the main office, the following job information is available. Cost Resources $85,000 895 hours Machines $79,000 6011 man-hours Labor $50,140 1684 hours Trucks Calculate rate variance and efficiency variance. Suggest actions to be taken to correct deviations

The following planned figures for a trenching job are available: At a particular time during the construction, the site manager realizes that the actual excavation will be in the range of 110,000 yd3. Based on the new quantity he figures that he will have 30,000 yd^3 left. From the main office, the following job information is available. Calculate rate variance and efficiency variance. Suggest actions to be taken to correct deviations.

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