The standard rate of payment is ₹10 per direct labour hour. The actual direct labour cost is ₹39,200 for 4,000 direct labour hours worked. The direct labour price (rate) variance will be —
CS Executive · Cost and Management Accounting · PYQS · December 2016
The standard rate of payment is ₹10 per direct labour hour. The actual direct labour cost is ₹39,200 for 4,000 direct labour hours worked. The direct labour price (rate) variance will be —
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Cost Accounting
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