The standard cost card reveals the following: Labour rate = Re 1 per hour Hours set per

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The standard cost card reveals the following:

Labour rate = Re 1 per hour Hours set per unit for production = 10 hours The actual dates are as follows:

Units produced = 1,000 Hours worked = 12,000 Actual labour cost = Rs. 15,000 Calculate labour variances.

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Cost Accounting

ISBN: 9788131732076

1st Edition

Authors: V. Rajasekaran, R. Lalitha

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