Cost and Management AccountingTU Board 2081
Following standard and actual data are given to you: LabourStandardActualNo.Rate per hourNo.Rate per hourSkilled2Rs. 101Rs. 11Semi Skilled3Rs. 73Rs. 8Unskilled4Rs. 55Rs. 4Total99 Standard output per…
10Following standard and actual data are given to you: LabourStandardActualNo.Rate per hourNo.Rate per hourSkilled2Rs. 101Rs. 11Semi-Skilled3Rs. 73Rs. 8Unskilled4Rs. 55Rs. 4Total99 Standard output per gang hours is 0.25 units. 8,000 hours needed to work and paid. Actual output produced 2,200 units in 8,000 hours. Required: Labour Variances. [10]
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