A job is scheduled to be completed in 30 weeks with a labor employment of 100 skilled

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A job is scheduled to be completed in 30 weeks with a labor employment of 100 skilled operatives, 40 semi-skilled operatives and 60 unskilled operatives. The standard weekly wages of each type of operatives are - skilled RO 60, semi-skilled RO 36 and unskilled RO 24. The work is actually completed in 32 weeks with a labor force of 80 skilled, 50 semi-skilled and 70 unskilled operatives and the actual weekly wage rates average RO 65 for skilled, RO 40 for semi-skilled and RO 20 for unskilled labor.
Analyze the variance in the labor cost due to various reasons.

Posted Date: Dec 14, 2021 07:01 AM

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A job is scheduled to be completed in 30 weeks with a labor employment of 100 skilled

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