The following information regarding labour are: Standard: Types No. Rate per hour Skilled 2 Rs.4 Semi-Skilled 3 Rs.3 Un-Skilled 5 Rs.2 10 Types No.…
BBS Cost and Management Accounting · 2079 · Solved Question with Answer
The following information regarding labour are:
Standard:
| Types | No. | Rate per hour |
| Skilled | 2 | Rs.4 |
| Semi-Skilled | 3 | Rs.3 |
| Un-Skilled | 5 | Rs.2 |
| 10 | ||
| Types | No. | Rate per hour |
| Skilled | 2 | Rs.5 |
| Semi-Skilled | 4 | Rs.4 |
| Un-Skilled | 4 | Rs.2 |
| 10 |
Standard hours needed to work and actual hours paid for a week is 40 hours. Actual output produced by the workers is 340 units and Standard output per gang hour is 8 units