Question
The organization budgeted $400,000 for 40,000 hours of
direct labor to complete 16,000 units of finished product. The firm used 42,000 direct labor hours and completed 17,000 units of finished product. What is the direct labor efficiency variance if the actual wage rate is 11/hour?Solution
Answer: LEV = (Actual Hours – Standard Hours) * Standard Rate .Here, LEV = (42000-42500)*10 = 5000F Here, Standard rate = 400000/40000 = 10/ hour And standard hours = 17000*40000/16000 = 42500.
How many boxes are kept between one that contains Mango and one wrapped with Blue paper?
Which of the following is the correct Function – Day combination
Which person plays match in March?
Which box is placed at the bottom?
How many persons play between R and U?
Four of the following five are alike in a certain way and hence they form a group. Which one of the following does not belong to that group?
...How many floor gap is there between H and the one who likes Apple?
Four of the following are alike in a certain way. Who among the following does not belong to the group?
If all the persons from the top of the building live in ascending order of their experience then, the floor of how many persons remains unchanged?
Which of the following is true with respect to V as per the given information?
