Standard hourly rate is ₹5 per hour and actual rate ₹4.50 per hour. The labour rate variance is ₹1,500(F). The actual labour hours worked is —
CS Executive · Cost and Management Accounting · PYQS · June 2015
Standard hourly rate is ₹5 per hour and actual rate ₹4.50 per hour. The labour rate variance is ₹1,500(F). The actual labour hours worked is —
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Standard Costing
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