question archive Millie Ltd had budgeted to produce 500 units of product Cat a labour cost of K8,000 in October but actually only produced 480
Millie Ltd had budgeted to produce 500 units of product Cat a labour cost of K8,000 in October but actually only produced 480
Subject:AccountingPrice:2.84 Bought3
Millie Ltd had budgeted to produce 500 units of product Cat a labour cost of K8,000 in October but actually only produced 480. For the purpose of budgetary control what figure would be compared against the actual direct labour direct labour cost incurred of K7,500? K6,780 K7,680 O K7,500 O K8,000
Purchase A New Answer
Custom new solution created by our subject matter experts
GET A QUOTE
Answer Preview
Since at 500 Units labour hour cost=K8,000
So at 480 units labour hour cost=(K8000/500 units)*480 units
=K7680
K7680 would be compared against actual labour hour cost incurred of K7500.
"So the correct answer is K7680"
"Please rate if it helps you or let me know in case query"
