Question: The following information is available for GG Itd; Actual variable overhead ksh 892,000 Actual labour hours 50,000 Variable overhead expenditure variance 92,000 (A) Variable overhead

The following information is available for GG Itd; Actual variable overhead ksh 892,000 Actual labour hours 50,000 Variable overhead expenditure variance 92,000 (A) Variable overhead total variance 64,000 (F) Variable overheads are absorbed on a labour hour basis Required: Calculate the standard labour hours from the above informatiol A. 39.228 B. 51.750 C. 48,250 10. 40,250
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