labour cost variance can be proved with
Welcome to the solution site, which is interested in answering educational questions, as it provides an wanser to your questions in all areas
The solution site is concerned with questions, answers and solutions for all study materials for all levels
Through the word “Ask a Question” at the top of the site, you can ask any topic or any question or inquiry you want answered by users specialized in solving questions and educational and academic activities that you ask
Now let’s answer your question
labour cost variance can be proved with
EIt is that portion of labour cost variance which arises due to the difference between the standard labour hours specified for the output achieved and the actual labour hours spent. It is expressed as: Labour Efficiency Variance = Standard Rate (Standard Time for Actual output – Actual Time Worked).