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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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