Examine the following relating to Job No. 100: Standard hours planned | 64.50 Actual hours worked | 61.25 Standard wage rate | ₹4.15 Actual wage rate | ₹4.25 Standard units budgeted | 20 The total labour variance for Job

CS Executive · Cost and Management Accounting · PYQS · December 2019
Examine the following relating to Job No. 100: Standard hours planned | 64.50 Actual hours worked | 61.25 Standard wage rate | ₹4.15 Actual wage rate | ₹4.25 Standard units budgeted | 20 The total labour variance for Job No. 100 is ............
(A) ₹7.36 (F)
(B) ₹6.13 (F)
(C) ₹13.49 (F)
(D) ₹6.13 (A)

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Standard Costing

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