Management Accounting Test Questions

Q.  Which of the following statements are true about labour idle time?

a. Labour idle time variance is not caused by non-availability of raw material
b. Labour idle time variance is measured as : Abnormal idle hours * Actual hourly rate
c. Labour idle time variance is always unfavorable or adverse
d. All of the above


ANSWER: See Answer
 
No explanation is available for this question!
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