The standard labour mix and actual labour mix of product AB is shown below: Workers Standard labour mix Actual labour mix No. of workers Rate per…
2024 · Solved Question with Answer
The standard labour mix and actual labour mix of product AB is shown below:
| Workers | Standard labour mix | Actual labour mix | ||
|---|---|---|---|---|
| No. of workers | Rate per hour (Rs) | No. of workers | Rate per hour (Rs) | |
| Skilled | 32 | 15 | 24 | 16 |
| Semi-skilled | 48 | 10 | 64 | 11 |
| Unskilled | 80 | 6 | 72 | 5 |
| Total | 160 | 160 | ||
40 hours in a week needed to work and paid. Standard output per gang hour 25 units and actual output was realized 1,050 units.
Required: Calculate the Labour variances. (Rate, Mixed, Yield, Efficiency, and Cost)