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NEED URDGENT HELP Question 8 [2 marks] Bilal Company has a direct labor standard of 15 hours per unit of output. Each employee has a
NEED URDGENT HELP
Question 8 [2 marks] 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 14,500 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? Question 9 [2 marks] Abdullah Shoaib Company applies overhead based on direct labor hours. The variable overhead standard is 10 hours at Rs.3.50 per hour. During October, Abdullah Shoaib Company spent Rs.157,600 for variable overhead. 57,600 labor hours were used to produce 4,800 units. What was the variable overhead rate varianceStep by Step Solution
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