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Consider the following data and answer the questions. Standard Hours = 15 per unit of Standard Rate = OMR 5 per hour Actual production =

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Consider the following data and answer the questions. Standard Hours = 15 per unit of Standard Rate = OMR 5 per hour Actual production = 1000 units Actual Hours Used = 14500 Actual Rate per hour = OMR 4.8 1. What is the amount of LCV? . 2. What is the amount of LRY 2500 Favorable 2900 Favorable 2900 Unfavorable 5400 Favorable 3. What is the amount of LEV

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