Technical Problems
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mcdonaldmusimwa says
November 15, 2018 at 9:34 amQuick question we manufactured 8900 units at 5hrs per unit at cost of $5 per labour hour which means the standard labour cost should be 8900*5=44500hrs*$5=$222500 how come you are getting total labour hours of 45400?
John Moffat says
November 15, 2018 at 4:06 pmThe question says that the actual labour hours paid were 45,400, and it is the actual hours paid that we use when calculating the rate of. pay variance.
alie2018 says
November 7, 2018 at 9:20 amThanks John
shanif007 says
October 19, 2018 at 5:26 pmdear sir why are we taking actual hours worked rather than paid in variable expenditure variance? is the reason because expense is incurred while labour worked.
kashm93 says
October 5, 2018 at 10:04 pmCan I find the list of formulas anywhere for the variances?
John Moffat says
October 6, 2018 at 11:44 amNo. All the rules are explained in the lectures – better then to write the formulae down yourself 馃檪