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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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