During July actual labour costs amounted to 19,800, the standard rate of pay was 4.50 per hour and the labour rate variance amounted to 225 adverse. The actual hours worked were:

During July actual labour costs amounted to 19,800, the standard rate

1.	During July actual labour costs amounted to 19,800, the standard rate of pay was 4.50 per hour and the labour rate variance amounted to 225 adverse. The actual hours worked were:
A.	4,400
B.	1,012
C.	4,350
D.	3,450
Answer» B. 1,012

Discussion

No Comment Found

Related MCQs

The firm s direct-labour rate variance was 4,800 unfavourable. Actual labour was 24,000 direct-labour hours, at a cost of 1,68,000, for 25,000 units of finished product that require 1 hour of direct labour each, at standard. What is the standard rate per direct-labour hour?
To produce a particular batch of product, Falcon Corporation paid its workers 12.00 per hour for 4,000 hours of work. The standards for the quantity of work represented by the batch were 12.50 per hour and 4,400 hours. What was the labour efficiency variance?
The organization budgeted 400,000 for 40,000 hours of direct labour to complete 16,000 units of finished product. The firm used 42,000 direct-labour hours and completed 17,000 units of finished product. What is the direct-labour rate variance?
Purchased materials are added in the second department of a three-department process; this increases the number of units produced in the second department and would always:
Purchased materials are added in the second department of a three-department process, this order does not increase the number of units produced in the second department and would:
Mines `A and `B are at a distance of 10 kms and 15 kms from the factory. The cost per tonne-km in case of mine A is Rs. 3 while it is R. 2.5 in case of mine B. The factory should procure coal from------------
Fifty units are put in a process at a total cost of Rs. 90. Wastage is normally 10% without any scrap value. If output is 40 units the amount of abnormal loss would be-----------
During July actual labour costs amounted to 19,800, the standard rate of pay was 4.50 per hour and the labour rate variance amounted to 225 adverse. The actual hours worked were:
Which of the following management accounting systems places a very strong emphasis on incorporating external data into the preparation of management reports?
What term best describes the use of both financial and non-financial measures in assessing whether an entity has achieved its objectives?

During July actual labour costs amounted to 19,800, the standard rate of pay was 4.50 per hour and the labour rate variance amounted to 225 adverse. The actual hours worked were:

Discussion

No Comment Found

Related MCQs

Reply to Comment