A worker has time rate of Rs. 15/hr. He makes 720 units of
a component (standard time 5 minutes/unit in a week of 48
hours). His total wages including Rowan bonus for the week
is _____. A. Rs. 792;
B. Rs. 820;
C. Rs. 840;
D. Rs. 864.
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4. Calculate the following from the particulars given below: i) Material Cost Variance ii) Material Price Variance iii) Material Usage Variance iv) Material Mix Variance v) Material Yield Variance Material Standard Actual Qty kgs. Price Rs Value Rs. Qty kgs. Price Rs Value Rs A 50 4 200 40 5 200 B 30 6 180 30 6 180 C 20 3 60 30 3 90 100 440 100 470 Loss 20 ----- 30 ----- 80 440 70 470
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