For producing one unit of product X, standard labour hours are 20. Wages rate is ₹2 per hour. In June, 2018, output was 2,000 units. 38,000 labour hours actually paid, costing ₹79,800. These 38,000 hours include 200 hour
CS Executive · Cost and Management Accounting · PYQS · June 2019
For producing one unit of product X, standard labour hours are 20. Wages rate is ₹2 per hour. In June, 2018, output was 2,000 units. 38,000 labour hours actually paid, costing ₹79,800. These 38,000 hours include 200 hours arise due to machine breakdown. Labour rate variance was:
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Standard Costing
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