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labor variances.

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(Querist)
01 December 2008
From the following data, calculate various labor variances:

Standard Wages
120 men at @ Rs. 4 per hour
80 women at @ Rs. 3 per hour


Actual wages
140 men at @ 3 per hour
50 women at@ 4 per hour
Budget Hours – 2000
Actual Hours – 2200
Budgeted gross production 8000 units.
Standard loss 10%
Actual loss 500 unit.


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Raj

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Raj (Querist)
20 December 2008 From the following data, calculate various labor variances:

Standard Wages
120 men at @ Rs. 4 per hour
80 women at @ Rs. 3 per hour


Actual wages
140 men at @ 3 per hour
50 women at@ 4 per hour
Budget Hours – 2000
Actual Hours – 2200
Budgeted gross production 8000 units.
Standard loss 10%
Actual loss 500 unit.

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Taranjit Singh

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Taranjit Singh (Expert)
11 October 2009 s this old query still pending, plz send pm.
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