Cornerstones of Managerial Accounting 6th Edition by Maryanne Mowen,Don Hansen ,Dan Heitger

Exercise 21

For the OR service line, use the information above and the cost per OR nursing hour under the current cost system to calculate the
a. flexible budget variance. (Hint: Use your answer to Requirement 3 as the standard cost per OR nursing hour for the current cost system.)
b. price variance.
c. efficiency variance.