Answer the following for practice purposes with examples: for practice only

Part A)

What are the four segments of a traditional balanced scorecard?

Part B)

Annapolis Company completes job #601 which has a standard of 600 labor hours at a standard rate of $18.50 per hour. The job was completed in 550 hours and the average actual labor rate was $19.20 per hour. What is the labor rate variance? A negative number indicates an favorable variance and a positive number indicates an unfavorable variance.

Part C)

Annapolis Company completes job #601 which has a standard of 650 labor hours at a standard rate of $19.00 per hour. The job was completed in 650 hours and the average actual labor rate was $18.10 per hour. What is the labor efficiency (quantity) variance? A negative number indicates an favorable variance and a positive number indicates an unfavorable variance.