Accountancy, asked by kittumadhad, 11 months ago

standard time of a product = 6 hours per unit
standard rate = ₹ 4 per hour
actual cost of production = 1500 units
actual hour taken = 7600 units idle time = 400 units ( in hours)
totals hours = 8000
Total labour cost announced to rupees 40000.
calculate labour variances.

Answers

Answered by anamkhurshid29

2

Total hours : 8,000

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

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