Standard rate of wages ₹0.90 per hour; standard output 20 units per hour; actual wages paid ₹76 for 80 hours (idle time 10 hours). Output produced 1,640 units. Direct labour rate variance is —
CS Executive · Cost and Management Accounting · PYQS · December 2015
Standard rate of wages ₹0.90 per hour; standard output 20 units per hour; actual wages paid ₹76 for 80 hours (idle time 10 hours). Output produced 1,640 units. Direct labour rate variance is —
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Standard Costing
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