Question
3. The std. rate of wages is OMR 4 per hour. Std hours are 400. The actual rate of wages is OMR 5 per
3. The std. rate of wages is OMR 4 per hour. Std hours are 400. The actual rate of wages is OMR 5 per hour and the actual hour taken are 380 out of which 30 hours are abnormal. Calculate the LCVs. (3 Marks)
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Managerial Accounting An Introduction to Concepts Methods and Uses
Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil
10th Edition
1111822239, 324639767, 9781111822231, 978-0324639766
