[Arshi-16]

like workings from that part will be there? in sec c

[Arshi-16]

sorry for the mistake it was valid until june 2021 not 2020.

[Arshi-16]

Ok i find the topics as not that much easy but also not that much difficult.And MA was exempted paper for me.Now can u please suggest how many hours should i learn??and also can you suggest efficient study methods as am studying but my portions are not moving as i dont know how to study efficiently..So can you please please suggest some efficient study methods.

[Arshi-16]

As i have only 28 days left…How many hours should I learn(maximum)?? in order to pass the exam.

[Arshi-16]

Q) When considering setting standards for costing, which of the following would NOT be
appropriate?
A The normal level of activity should always be used for absorbing overheads
B Average prices for materials should be used, encompassing any discounts that are
regularly available
C The labour rate used will be the rate at which the labour is paid
D Average material usage should be established based on generally-accepted working
practices

This is the question

ans) C

The standard labour rate should be the expected rate/hour, but allowing for standard levels
of idle time. For example, if the work force is paid $9 per hour but idle time of 10% is
expected, the standard labour rate will be $10 per hour ,not $9

And this is the answer

My doubt is that why they take $10?

[Arshi-16]

Ok Now it’s clear..Thankyou Sir

[Author]

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