Following information is obtained from a standard cost card : Labour rate : 90 paise per hour Standard hours : 3 hours per unit Actual production data: Units produced : 250 Labour rate : ₹1.05 per hour Hours worked : 800
CS Executive · Cost and Management Accounting · PYQS · December 2016
Following information is obtained from a standard cost card : Labour rate : 90 paise per hour Standard hours : 3 hours per unit Actual production data: Units produced : 250 Labour rate : ₹1.05 per hour Hours worked : 800 The labour cost variance will be —
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Cost Accounting
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