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Anu sharma (Intermediate IPC) (240 Points)

01 July 2014  

Q 1.     from the following data, compute the Wage Variances-

            STANDARD-

           

Number in the Standard Gang

Men 20,

Women 10

Standard wage rate per hour

Rs. 0.90,

Rs. 0.80

Standard output per Gang hour 50 units

 

 

 

ACTUAL-

Number in the Actual Gang

 

Men 16,

Women 18

Actual Wage rate per hour

 

Rs. 1.00

Rs. 0.50

Actual Gang hours paid for

40

 

 

Actual Gang hours worked for

39

 

 

Abnormal idle time

1 Gang hour

 

 

Actual Output

2,400 units

 

 

 

My Question is-

1. What is standard output? Explain why

     50 units X ? multiply it by which number and why

2. Calculate Standard mix for actual hours worked?