Labour efficiency variance is sub-divided into —

CS Executive · Cost and Management Accounting · PYQS · December 2014
Labour efficiency variance is sub-divided into —
(A) Idle time variance and labour mix variance
(B) Idle time variance and labour yield variance
(C) Labour yield variance and labour rate variance
(D) Labour mix variance, idle time variance and labour yield variance.

Answer & Explanation:

Correct Answer: Option (D)

Correct answer: (D) Labour mix variance, idle time variance and labour yield variance..

Topics: Standard Costing

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