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      Question

      From the following data calculate Labor rate

      variance. Actual production = 1000 units. Actual hours = 15,300. Actual rate = Rs. 3.90 per hour, Standard rate = Rs. 4.
      A Rs. 1540 Correct Answer Incorrect Answer
      B Rs. 1550 Correct Answer Incorrect Answer
      C Rs. 1530 Correct Answer Incorrect Answer
      D Rs. 1500 Correct Answer Incorrect Answer

      Solution

      The correct answer is C

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