Mathematics · Cost Accounting - Standard Costing
A company uses standard costing to assemble a component. The standard standard labor requirement is 24 hours per assembly at a rate of $8 per hour. Last month, 850 assemblies were produced. There was no labor rate variance, but an adverse labor efficiency variance of $4,400 arose. How many labor hours were actually worked?
- 121,150 hours
- 219,850 hours
- 320,400 hours
- 420,950 hours✓
Correct answer
20,950 hours
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Cost Accounting - Standard Costing?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Cost Accounting - Standard Costing