Calculate the labour variances from the following data: Standard Actual Standard Actual hours hours wage rate ()
Question:
Calculate the labour variances from the following data: Standard Actual Standard Actual hours hours wage rate (£) wage rate (£) (i) JobJ 440 432 6.00 6.00 (if) Job K 230 230 5.60 5.80 (iif) JobL 400 480 5.70 5.70 (iv) JobM 280 206 7.00 7.00 (v) JobN 136 136 5.70 5.10 (vi) Job O 60 68 5.60 5.60 (vii) Job P 140 154 5.50 5.50 (viii) Job Q 200 200 5.80 6.10
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Frank Woods Business Accounting Volume 2
ISBN: 9780273767923
12th Edition
Authors: Frank Wood, Ph.D. Sangster, Alan
Question Posted: