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accounting for labour

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › accounting for labour

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.
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    Posts
  • July 27, 2017 at 3:55 am #398954
    Anonymous
    Inactive
    • Topics: 1
    • Replies: 0
    • ☆

    A company records the following information concerning a product:

    Standard time allowed per unit 16 minutes
    Actual output in period 720 units
    Actual hours worked 180
    Budgeted hours 185
    What is the labour efficiency ratio?

    July 27, 2017 at 7:46 am #398967
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54695
    • ☆☆☆☆☆

    Do not simply set test questions here and expect an answer!
    You must have an answer in the same book in which you found the question and so you should ask about whatever it is in the answer that you are not clear about – then I will help you.

    You will find an explanation as to how to calculate the labour efficiency ratio in our free lectures. The lectures are a complete free course for Paper F2 and cover everything needed to be able to pass the exam well.

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    Posts
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  • The topic ‘accounting for labour’ is closed to new replies.

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