Answered step by step
Verified Expert Solution
Link Copied!

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 13,000 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

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Law And Economics Of Patent Damages, Antitrust, And Legal Process

Authors: James Langenfeld, Frank Fagan, Samuel Clark

2nd Edition

1800710259, 9781800710252

More Books

Students also viewed these Accounting questions

Question

I didnt know who to talk to.

Answered: 1 week ago

Question

Th e complaint department was closed over the lunch hour.

Answered: 1 week ago

Question

Th ey probably would have treated me like a criminal.

Answered: 1 week ago