[Elina]

Chauffeur services should be a taxable benefit whenever the car isn’t used

[Elina]

More than clear now, many thanks, John! Will make sure I watch the lecture as well 🙂

Regards

[Elina]

Hi, John!

Could you please help with:

“Y plc produces widgets.
Each widget should take 0.5 hours to make. The standard rate of pay is $10 per hour. Idle time is expected to be 5% of hours paid.

They actually produce 10,800 units. They pay $50,000 for 6,000 hours, of which 330 hours are idle.

What’s the labour efficiency variance?”

[Author]

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