Generac takes the guesswork out of sizing by supplying the Guardian Series air cooled generators with predetermined numbers of circuits based on the generatorâs kW power rating. For example, eight circuits are supplied for the 8 kW generator and as many as 16 circuits are supplied for the 17 kW generator. Each circuit is directly connected to a matched circuit on the homeâs main circuit breaker panel, providing electricity to that specific appliance or area of the home.
You can measure employee productivity with the labor productivity equation: total output / total input. Letâs say your company generated $80,000 worth of goods or services (output) utilizing 1,500 labor hours (input). To calculate your companyâs labor productivity, you would divide 80,000 by 1,500, which equals 53.
The standard cost per labor hour is $20, so the calculation of its labor efficiency variance is: (750 Actual hours - 500 Standard hours) x $20 Standard rate = $5,000 Labor efficiency variance. Related Podcasts. Episode 111 of the Accounting Best Practices podcast discusses variance analysis.he variance is useful for spotlighting those areas in the production process that are using more labor hours than anticipated. This variance is calculated as the difference between the actual labor hours used to produce an item and the standard amount that should have been used, multiplied by the standard labor rate.