(A Company has a standard of 1 direct labor hour per unit at Rs.12 per – McqOptions

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1.	(A Company has a standard of 1 direct labor hour per unit at Rs.12 per hour. 3,850 labor hours costing Rs.46,970 were used to produce 4,000 units.) Company s labor price variance is
A.	Rs.770 favourable
B.	Rs.770 unfavourable
C.	Rs.1,030 favourable
D.	Rs.1,030 unfavourable
Answer» C. Rs.1,030 favourable

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