Question: i need the answer typed Q.2. The standard time and standard rate of labor to produce Product P are as follows: Standard Time: 80 hrs

i need the answer typed Q.2. The standard time and standard

i need the answer typed

Q.2. The standard time and standard rate of labor to produce Product P are as follows: Standard Time: 80 hrs Actual Time: 90 hrs Standard Rate: AED 40/hr Actual Rate: AED 44/hr Idle Time - 4 hours Calculate: a. Labour Cost Variance c. Labour Efficiency Variance b. Labour Rate Variance d.ldle Time Variance

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