Question

Standard cost of product is : (20)
Time : 6 hours per unit
Rate : Rs 4 per hour
Actual cost :
Production 1,500 units
Hours taken 7,600 units
Idle time (in hours) 400
Total hours : 8,000
Total labour cost announced to Rs. 40,000. Calculate Labour Variance.

Answer 1

Total hours : 8,000

Total labour cost announced to Rs. 40,000. Calculate Labour Variance.

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Answer 2

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Total hours : 8,000

Total labour cost announced to Rs. 40,000. Calculate Labour Variance.