Calculate the direct labour cost variance from the following: Standard output = 500 units Actual output =

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Calculate the direct labour cost variance from the following:

Standard output = 500 units Actual output = 400 units Standard time per unit = 5 hrs Total actual time taken = 2,200 hrs Standard rate of wages = Rs. 20 per hour Actual rate of wages = Rs. 25 per hour

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Cost Accounting

ISBN: 9788131732076

1st Edition

Authors: V. Rajasekaran, R. Lalitha

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Question Posted: Jun 16, 2024 04:07 AM

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Calculate the direct labour cost variance from the following: Standard output = 500 units Actual output =

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Cost Accounting

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