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pls help: yplc produces widgets, each widget should take 0.5 hours to make, std rate of pay £10 per hour. Idle time is 5% of labour paid.
actually produced 10800 units, actual pay £50,000 for 6000 hours of which 330 hours are idle – what is the labour variance? I keep getting it wrong not sure where I am going wrong
Help I need help on some questions
Q1 – Company produces new product: first took 18 hours to complete, second took 10 hours to complete – What is the learning rate?
