Reference no: EM132934940
Question 1 - The Xavier Company has a budgeted normal capacity of 10,000 labor hours, with a standard production of 10,000 units at this capacity.
The factory overhead standard rate per direct labor hour is:
Fixed Rs. 0.50 per hour
Variable Rs. 1.00 per hour
Total Rs. 1.50 per hour
During April, actual factory overhead totaled Rs. 17,000, and 7,000 units were produced.
Calculate FOH Volume Variance.
Question 2 - The manufacturing process of Yai Ltd requires a standard of 0.80 direct labor hour per unit for operation X-20 at a standard wage rate of Rs.6.80 per hour. The actual production of 2,100 units used 1,580 direct labor hours at a cost of Rs. 6.90 per hour.
Calculate the labor efficiency variance.
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Calculate the labor efficiency variance
: The actual production of 2,100 units used 1,580 direct labor hours at a cost of Rs. 6.90 per hour. Calculate the labor efficiency variance
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