solve both or skip

5.2.3.9 Direct Labour Cost Variance (DLCV) Labour variances are calculated like material variances. The direct labour cost variance is the difference between the standard direct wages specified for the activity achieved and the actual direct wages paid. The formula is : DLCV = Standard Cost For Actual Output - Actual Cost or = (Standard Rate x Standard Time For Actual Output) - (Actual Rate x Actual Time) = (SR > ST) - (AR X AT) Example 4 : Standard Hours Standard Wage Rate Actual Hours Actual Wage Rate calculate labour cost variance. 5,000 Rs.4 Per Unit 6,000 Rs.3.50 Per Unit 5.2.3.9 Direct Labour Cost Variance (DLCV) Labour variances are calculated like material variances. The direct labour cost variance is the difference between the standard direct wages specified for the activity achieved and the actual direct wages paid. The formula is : DLCV = Standard Cost For Actual Output - Actual Cost or = (Standard Rate x Standard Time For Actual Output) - (Actual Rate x Actual Time) = (SR > ST) - (AR X AT) Example 4 : Standard Hours Standard Wage Rate Actual Hours Actual Wage Rate calculate labour cost variance. 5,000 Rs.4 Per Unit 6,000 Rs.3.50 Per Unit