Question: 6. Comment Material Price variance Rs. 15000 (Adverse) = Material Quantity variance = Rs. 30000 (Favourable) Labour Cost variance = Rs. 25000 (Favourable) Labour Efficiency

6. Comment Material Price variance Rs. 15000 (Adverse) = Material Quantity variance = Rs. 30000 (Favourable) Labour Cost variance = Rs. 25000 (Favourable) Labour Efficiency variance = Rs. 10000 (Adverse) Comment on the above variances of A Ltd

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!