Following standard and actual data are given to you: Labour Standard - No. Standard - Rate per hour Actual - No. Actual - Rate per hour Skilled 2 Rs.…
BBS Cost and Management Accounting · 2081 · Solved Question with Answer
Following standard and actual data are given to you:
| Labour | Standard - No. | Standard - Rate per hour | Actual - No. |
Actual - Rate per hour
|
| Skilled | 2 | Rs. 10 | 1 | Rs. 11 |
| Semi-Skilled | 3 | Rs. 7 | 3 | Rs. 8 |
| Unskilled | 4 | Rs. 5 | 5 | Rs. 4 |
| Total | 9 | 9 |
Standard output per gang hours is 0.25 units. 8,000 hours needed to work and paid. Actual output produced 2,200 units in 8,000 hours.