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John Moffat.
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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Labor variances
Hi.
Is it possible to find the various labor variances (cost, efficiency and rate) without knowing the actual hours worked even though you have information on actual production, actual sales, standard hours, standard and actual material used?
Thanks.
Augustine Farmer
Probably! But why are you asking? If you are referring to a past exam question (or a question from the BPP Revision Kit) then say which one, and what your problem is – I will then explain 🙂