Given: Standard time : 50 hours @ ₹60 per hour Actual wages paid : ₹3080 @ 55 per hour Actual time worked : 53 hours during the period Idle time variance will be :
CS Executive · Cost and Management Accounting · PYQS · December 2021
Given: Standard time : 50 hours @ ₹60 per hour Actual wages paid : ₹3080 @ 55 per hour Actual time worked : 53 hours during the period Idle time variance will be :
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Variance Analysis
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