if a question says that learning rate increases from 30% to 60% it means that the learning is slower right ?
30% is faster
60% is very slow.. is my understanding correct
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learning rate
Yes, that is correct.
In a question where what is reason for adverse labour cost variance
One statement says learning effect is estimated as 80% instead of 75% and the answer says this is not a reason. Why
Please type out the exact wording of the question. However is the actual rate of learning is lower at 75% than what was estimated when the costings were done (i.e. 80%), then they are learning faster which would lead to a favourable efficiency variance and not an adverse one. (Obviously the labour rate variance is not affected by whether they work fast or slower than what was estimated)
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