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How do you identify the idle time variance?


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2010-11-10 17:40:53
2010-11-10 17:40:53

Idle time variance is a difference between budgeted hour for work and actual worked hours multiplied by the standard wage rate.


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First we need to calculate within and between family variance components for half sib families. Additive variance is equal to 4 time the additive variance and Dominance variance equal to within family variance - (3/4) additive variance.

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Favourable variance is that variance which is good for business while unfavourable variance is bad for business

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There are 7 variances associated with a budget ( which are generally calculated for controlling purposes) 1- Material Price variance 2- Material Quantity variance 3- Labor rate variance 4- Labor efficiency variance 5- Spending variance 6- Efficiency variance 7- Capacity variance

Time when your CPU(Central Processing Unit) is idle(not being used by any program).

Generally idle time means that time for which the employer pays, but from which he obtains no production. Otherwise it is the difference between the time for which workers are paid but the workers do not work. So it is a loss to the organisation. It can be minimized but, cannot be controlled during idle time, the workers remain due and contribute nothing towards production. It is the difference between actual hour and actual hour worked. There are two types of idle times:Normal idle time: The normal idle time is that idle time which cannot be fully avoided but effective effort should be made to reduce it.Abnormal idle time: Abnormal idle time arises due to various causes which can be avoided. Abnormal idle time can be avoided if proper precautions are taken. Thus the factors which are responsible for controlling and avoiding idle time must be taken care of.Normal idle time is permitted but abnormal idle time should be avoided.ANSWER:Idle time indicates that time for which wages are paid to the workers but no production is obtained during that time. Following are the causes of idle time:- Due to machine break down- Power failures- Waiting for instructions- Waiting for tools or raw materials to start the production- Economic Causes includes: Seasonal, cyclical or industrial naturethis is unproductive time spent by employees due to factors beyond their controlThe above explanation is true as far as an industry or business centre is concerned.The true definition of idle time is the time utilized for non productive action. This has of two effects. One is useful effect, as certain engines/machines/equipments are advised to run a particular time idle immediately after its first start of a day, before putting in to full pludged utilization. To attain certain safe operating condition an idle time running is essential. The second is counter productive idle time which financially, ethically, functionally and ideologically negative to its envisaged scope.

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A single number cannot have a variance.A single number cannot have a variance.A single number cannot have a variance.A single number cannot have a variance.

idle means when Ur not using the computer or moving your mouse

Idle status means that your not spending time using the program.

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The variance is: 7,991.58333333

The variance for 54 and 29 is: 312.5

The variance is: 1.6709957376e+13

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