The standard labour requirement of a product is 15 Category I workers and 20 Category II workers at the rate of OMR 8 per hour and OMR 4 per hour respectively During a 30 hours week actual labour used are 10 Category I employees at the rate of OMR 10 per hour and 18 Category II employees at the rate of OMR 5 per hour If the revised standard hour for Category I and Category II are 360 hours and 480 hour respectively, find out the Labour Mix Variance a Category 1 OMR 480 A, Category II OMR 240 F b Category 1 OMR 240 A, Category II OMR 480 F c Category 1 OMR 480 F, Category II OMR 240 A O d Category 1 OMR 240 F, Category 11 OMR 480 A

Question

The standard labour requirement of a product is 15 Category I workers and 20 Category II workers at the rate of OMR 8 per hour and OMR 4 per hour respectively  During a 30 hours week actual labour used are  10 Category I employees at the rate of OMR 10 per hour and 18 Category II employees at the rate of OMR 5 per hour  If the revised standard hour for Category I and Category II are 360 hours and 480 hour respectively, find out the Labour Mix Variance  a  Category 1   OMR 480 A, Category II   OMR 240 F b  Category 1   OMR 240 A, Category II   OMR 480 F c  Category 1   OMR 480 F, Category II   OMR 240 A O d  Category 1   OMR 240 F, Category 11   OMR 480 A

Accepted Answer

The Answer is in the image, click to view ...

The standard labour requirement of a product is 15 Category I workers and 20 Category II workers at the rate of OMR 8 per hour

Step by Step Solution

Step: 1

Step: 2

Step: 3

Ace Your Homework with AI

Recommended Textbook for

Students explore these related Accounting questions