Hey there! Sign in to join this conversationNew here? Join for free
    • Thread Starter
    Offline

    0
    ReputationRep:
    AQA Accounting ACCN4 Jan 2013 Question 06

    "Calculate the labour sub-variances for the casting department."

    I understand how to use the formulas for labour rate and efficiency, however I cannot work out after looking at the mark scheme and question over again how the standard hours are 19,000 and not 16,000. It would be great if someone could get back to me with an explanation.
    Offline

    1
    ReputationRep:
    (Original post by samaccounting)
    AQA Accounting ACCN4 Jan 2013 Question 06

    "Calculate the labour sub-variances for the casting department."

    I understand how to use the formulas for labour rate and efficiency, however I cannot work out after looking at the mark scheme and question over again how the standard hours are 19,000 and not 16,000. It would be great if someone could get back to me with an explanation.
    You have to flex the actual production to the question so it would be, 28500 x 2/3 (because its 40mins for one unit)
    • Thread Starter
    Offline

    0
    ReputationRep:
    Ah okay, thank you Aaron.
 
 
 
Poll
Do you agree with the PM's proposal to cut tuition fees for some courses?

The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

Write a reply...
Reply
Hide
Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.