Answered step by step
Verified Expert Solution
Question
1 Approved Answer
6. Comment Material Price variance Rs. 15000 (Adverse) = Material Quantity variance = Rs. 30000 (Favourable) Labour Cost variance = Rs. 25000 (Favourable) Labour Efficiency
6. Comment Material Price variance Rs. 15000 (Adverse) = Material Quantity variance = Rs. 30000 (Favourable) Labour Cost variance = Rs. 25000 (Favourable) Labour Efficiency variance = Rs. 10000 (Adverse) Comment on the above variances of A Ltd
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Cima Official Learning System Fundamentals Of Business Mathematics
Authors: Graham Eaton
4th Edition
1856177831, 978-1856177832
