Question: Please let me know the solution for this Rs.27000(F) = RS.27000(F) Illustration 12 Jon A gang of workers normally consists of 60 skilled, 30 semi-skilled
Please let me know the solution for this

Rs.27000(F) = RS.27000(F) Illustration 12 Jon A gang of workers normally consists of 60 skilled, 30 semi-skilled and 20 unskilled. They are paid at standard rates per hour as under: Skilled Re.0.80 Semi-skilled Re.0.60 Unskilled Re.0.40 In a normal working week of 40 hours, the gang is expected to produce 4000 units of output. During the week ended 31 December, the gang consisted of 80 skilled, 20 semi-skilled and 10 unskilled. The actual wages paid were @ Re.0.70, Re.0.65 and Re.0.30 respectively. 3200 units were produced. Four hours were lost due to abnormal idle time. Calculate i) Wage variance ii) Wage Rate Variance iii) Labour Efficiency Variance iv) Idle Time Variance v) Labour Mix Variance vi) Labour Revised Efficiency Variance OO REDMI NOTE 5 PRO MI DUAL CAMERA 1d Variance
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
