Mathematics · Variance Analysis
What is the value of the Labour Efficiency Variance based on the given data? Standard Labour Rate = 50 paise per hour Standard Hours per unit = 10 Hours Actual Units produced = 500 units Actual Hours worked = 6,000 hours
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹600 (Unfavourable)
- 2₹500 (Favourable)
- 3₹500 (Unfavourable)✓
- 4₹100 (Favourable)
Correct answer
₹500 (Unfavourable)
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