Give the causes of labour rate and efficiency variances

      

Give the causes of labour rate and efficiency variances

  

Answers


Martin
Causes of labour rate variances

- Higher rates being paid than planned due to wage awards.

- Higher or lower grade of workers being used than planned.

- Payment of unplanned overtime or bonus.
marto answered the question on February 26, 2019 at 09:23


Next: Give the disadvantages of overstocking:
Previous: Give the causes of labour efficiency variance

View More CPA Cost Accounting Questions and Answers | Return to Questions Index


Exams With Marking Schemes

Related Questions