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From The Data Given Below Calculate Labour Cost Variance

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68 views1 page

From The Data Given Below Calculate Labour Cost Variance

data

Uploaded by

aamritaa
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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From the data given below calculate labour cost variance.

Actual gross wages (direct)Rs 2,00,000 Standard hours produced Standard rate per hour Actual hours worked 8000 Rs 30 8200

The standard cost of a chemical mixture is as under: 8 tons of material A at Rs 40 per ton 12 tons of material B at Rs 60 per ton Standard yield is 90% of input. Actual cost for a period is as under 10 tons of material A at Rs 30 per ton 20 tons of material A at Rs 68 per ton Actual yield is 26.5 tons

Compute all material variances

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