only question 8 and 11 is needed

6:54 Dec.2016 AFM Ques... : 8. Data Relating To A Job Are As Thus: Standard Rate of Wages per Hour Rs. 10 Standard Hours 300 Actual Rate of Wages per Hour Rs. 12 Actual Hours 200 You are required to calculate (a) Labour cost variance, (b) Labour Rate variance and (c) Labour efficiency variance. PART B - (5 x 10 = 50 marks) Answer any FIVE questions. 9 List-out the accounting concepts and conventions. 10. Distinction between capital expenditure and revenue expenditure. 11, Rohan son's purchased a machine for Rs. 2,00,000 on January 1, 2005. The machine was descriated at 10% pa. under the written down value method. On January 1, 2008 the firm decided to change the method of depreciation from diminishing balance to fixed installment method without changing the rate wit retrospective effect from Jan. 1, 2005. Prepare machine account from 2005 to 2008. 4 MBAC 1003/ MBLC 1001 C) O