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    Question

    Calculate the labour efficiency variance with the help

    of the following information. 1. Actual hours incurred - 1100 hr at an actual rate of ₹8.5 per hr 2. Standard hours - 1000 hr at a standard rate of ₹10 per hr
    A 1000(A) Correct Answer Incorrect Answer
    B 850(F) Correct Answer Incorrect Answer
    C 850(A) Correct Answer Incorrect Answer
    D 1000(F) Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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