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PMPLEASE ADVISE

Rritesh199011y ago
X AND Y PRODUCES WIDGET EACH SHOULD TAKE 0.5 HOURS TO MAKE. STANDARD RATE OF PAY IS $ 10 IDLE TIME TO BE 5% OF HOURS PAID THEY ACTUALLY PRODUCES 10800 WIDGET THEY PAY 6000 HOURS FOR $ 50000 OF WHICH 330 ARE IDLE TIME WHAT IS LABOUR EFFICIENCY AND LABOUR IDLE TIME VARIANCE
Ppaul11y ago#1
Labour efficiency: std hr*actual pdn-actual hrs paid =(0.5*10800-6000)hrs remaining hrs less idle hrs, the multiply by std rate =(600hrs-330)10/95% =2842(A)
Rritesh199011y ago#2
thanks
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