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From the following data. Calculate Labour Variance The budgeted labour force for producing product A is :

From the following data. Calculate Labour Variance The budgeted labour force for producing product A is :

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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13. From the following data. Calculate Labour Variance The budgeted labour force for producing product A is : 20 semi-skilled workers @P.0.75 per hour for 50 hours 10 skilled workers @ Rs. 1.25 per hour for 50 hours The actual labour force employed for producing A is : 22 semi-skilled workers @P. 0.80 per hour for 50 hours 8 skilled workers @Rs. 1.20 per hour for 50 hours.
Transcribed Image Text:13. From the following data. Calculate Labour Variance The budgeted labour force for producing product A is : 20 semi-skilled workers @P.0.75 per hour for 50 hours 10 skilled workers @ Rs. 1.25 per hour for 50 hours The actual labour force employed for producing A is : 22 semi-skilled workers @P. 0.80 per hour for 50 hours 8 skilled workers @Rs. 1.20 per hour for 50 hours.
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