Tony Bell's "Direct Labor Variances"

In this video, Bell demonstrates his diagrammatic method of separating causes of variance and their attribution. Bell works with Frank’s Bikes. Frank has fixed amounts of labor, a slight twist on the Jerry’s Ice Cream case where they have a variable amount of labor. Small and large companies differ in how they manage their labor supply, as do companies with one product as compared to companies with many products.

Last modified: Tuesday, October 4, 2016, 4:41 PM