The difference between the standard hours for the actual output and actual hours is. (a). Labour rate

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The difference between the standard hours for the actual output and actual hours is.

(a). Labour rate variance.

(b). Overhead cost variance.

(c). Labour efficiency variance.

(d). Overhead volume variance.

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Cost Accounting

ISBN: 9780070221628

4th Edition

Authors: Jawahar Lal, Seema Srivastava

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Question Posted: Sep 08, 2023 05:50 AM

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The difference between the standard hours for the actual output and actual hours is. (a). Labour rate

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The correct answer is c Labour efficiency variance Heres the explanation for this answer The differe...View the full answer

Cost Accounting

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