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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Classifying actual and budgeted figures
Sir, if a question says that it takes 10 minutes to produce and assemble the product, do we have to consider it as standard hours or actual hours given that standard labour rate per hour is $15. Also it says the product used an average of 5 kgs metal, and does that mean it is actual material used or budgeted material, given that standard material cost is $2?
You keep asking the same question.
It depends on the wording of the whole question. Tell me a past exam question that is giving you this problem and then I can answer precisely.