IndigoLearn

Forums

All Topics Accountancy Auditing Corporate & Other Laws Direct Taxation Indirect Taxation Financial Management Economics Costing Strategic Management Maths & Stats Exams Others AFM Financial Reporting CFA Level I

Standard Costing

Costing

In case of Labour rate variance the rate for recruit ment of labour is decided and held liable by HR manager but how can we multiply with Actual hrs worked and not standard hours worked . I.e AH(SR-AR) The HR manager does not held responsible for inefficiency know sir Why don't we prefer the rate to the extent of standard labour hrs...?