Std. rate of wages = OMR 5 per hour Std. Hours = 300 Actual rate of...

 

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Std. rate of wages = OMR 5 per hour Std. Hours = 300 Actual rate of wages = OMR 6 per hour Actual hours paid = 280 (out of which 30 hours are abnormal). Calculate Labor Cost Variances. (4 Marks) | Std. rate of wages = OMR 5 per hour Std. Hours = 300 Actual rate of wages = OMR 6 per hour Actual hours paid = 280 (out of which 30 hours are abnormal). Calculate Labor Cost Variances. (4 Marks) |

Answer rating: 100% (QA)

Labor cost Variance Standard cost of labor Actual labor cost 1500 1680180 Unfavorable ... View the full answer