From the following data, calculate labor variances : The budgeted labor force for producing product A is : 20 semi workers @ 75 paise per hour for 50 hours 10 skilled workers @ Rs. 1.25 per hour for 50 hours The actual labor force employed for producing A is : 22 semi skilled workers @ 80 paise per hour for 50 hours 8 skilled workers @ Rs. 1.20 per hour for 50 hours
From the following data, calculate labor variances : The budgeted labor force for producing product A is : 20 semi workers @ 75 paise per hour for 50 hours 10 skilled workers @ Rs. 1.25 per hour for 50 hours The actual labor force employed for producing A is : 22 semi skilled workers @ 80 paise per hour for 50 hours 8 skilled workers @ Rs. 1.20 per hour for 50 hours
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter8: Standard Cost Accounting—materials, Labor, And Factory Overhead
Section: Chapter Questions
Problem 9P: USD Inc. has established the following standard cost per unit:
Although 10,000 units were budgeted,...
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From the following data, calculate labor variances :
The budgeted labor force for producing product A is :
20 semi workers @ 75 paise per hour for 50 hours
10 skilled workers @ Rs. 1.25 per hour for 50 hours
The actual labor force employed for producing A is :
22 semi skilled workers @ 80 paise per hour for 50 hours
8 skilled workers @ Rs. 1.20 per hour for 50 hours
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