Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Bilal Company has a direct labor standard of 15 hours per unit of output. Each employee has a standard wage rate of Rs.140 per hour.
Bilal Company has a direct labor standard of 15 hours per unit of output. Each employee has a standard wage rate of Rs.140 per hour. During March, employees worked 10,000 hours. The direct labor rate variance was Rs.91,700 favorable, the direct labor efficiency variance was Rs.154,000 unfavorable. What was the actual labor cost?
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