Question

The standard hourly rate Is rs 1.40 the actual rate was rs 1.30 the labour rate variances was rs 600 favurable the actual hours (AH) were

Answer 1

Given : The standard hourly rate Is rs 1.40 the actual rate was rs 1.30 the labour rate variances was rs 600 favorable

To Find : the actual hours (AH)

A) 6000

B) 6400

 C) 1000

 D) 1500​

Solution:

Let say actual hours (AH)   =   X

actual rate was rs 1.30

=>  Actual Pay  = 1.3X

standard hourly rate Is rs 1.40

=> Standard Pay = 1.4X

variances was rs 600

=> 1.4X - 1.3X  = 600

=> 0.1X  =  600

=> X = 6000

actual hours (AH) were 6000

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actual hours (AH) were

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