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idle time variance

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › idle time variance

  • This topic has 0 replies, 1 voice, and was last updated 10 years ago by akamandisa.
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  • May 28, 2015 at 1:09 pm #249825
    akamandisa
    Member
    • Topics: 2
    • Replies: 2
    • ☆

    y plc produces widgets.
    each widget should take 0.5 hours to make. The standard rate of pay is $10 per hour. idle time is expected to be 5% of hours paid.

    they actually produce 10,800 units. they pay $50,000 for 6000 hours, of which 330 hours are idle.

    kindly assist.
    how is it $316(A)

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