Idle Time Variances: Please note that this lecture relates to Chapter 14 of the Course Notes and not Chapter 13 as stated in the lecture.The example is on page 84.
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pls i want to know what if the extra idle time was favorable, will u still cost it at the work rate.
understandable lecture. thanks much.
Dear Sir, in the above example we have used work rate while calculating labour idle time variance.But what to do if we are not given work of rate or we don’t have enough information in the question to calculate it.Would then we use pay rate while calculating labour idle time variance??
@Miss A.., work rate* , NOT work of rate
@Miss A.., You will be given enough information in the question to be able to calculate the ‘work rate’.
Nice
Very very helpful! Thanks OT
thank you very much.it was really fruitful to me.thanks once again.
i can’t see the lecture, what shall i do