Example 4: Following ständard and actual working hours and rate: Standard Hours Rate per hour Total Worker A 25 hrs. 2 50 Worker B 10 hrs. 3 30 そ80 Total Rate per hour 2.50 Actual Hours 50 Worker A 20 hrs. 0. Worker B 15 hrs. マ110

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter7: Distance And Approximation
Section7.3: Least Squares Approximation
Problem 31EQ
icon
Related questions
Question

Determine labour efficiency variance

Example 4: Following data pertains to two group of workmen and their
ständard and actual working hours and rate:
Standard Hours
Rate per hour
Total
Worker A
25 hrs.
50
Worker B
10 hrs.
3
30
780
Actual Hours
Rate per hour
Total
20 hrs.
2.50
50
Worker A
15 hrs.
4
60
Worker B
Z110
Transcribed Image Text:Example 4: Following data pertains to two group of workmen and their ständard and actual working hours and rate: Standard Hours Rate per hour Total Worker A 25 hrs. 50 Worker B 10 hrs. 3 30 780 Actual Hours Rate per hour Total 20 hrs. 2.50 50 Worker A 15 hrs. 4 60 Worker B Z110
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer