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| Standard | Actual | |||||
| Particulars | Hours | Rate | amount | Hours | Rate | amount |
| Labour | 10,600.00 | 8.0000 | 84,800.00 | 15,000.00 | 10.00 | 150,000.00 |
| Actual output | 530,000.00 | |||||
| Labour hrs reqd (530,000*.02) | 10,600.00 | |||||
| Total Variance = Standard cost - Actual cost | ||||||
| DLCV = 84,800 - 150,000 | ||||||
| DLCV = 65,200 U | ||||||
| Q2 | Standard | Actual | ||||
| Particulars | Hours | Rate | amount | Hours | Rate | amount |
| Labour | 25,000.00 | 15.0000 | 375,000.00 | 23,400.00 | 17.00 | 397,800.00 |
| Actual output | 1,000,000.00 | |||||
| Labour hrs reqd (1,000,000*.025) | 25,000.00 | |||||
| DLRV= (SR-AR)AH | ||||||
| DLRV= (15 - 17)23,400 | ||||||
| DLRV= 46,800 U | ||||||
| DLEV = (SH-AH)SR | ||||||
| DLEV = (25,000 - 23,400)15 | ||||||
| DLEV = (1,600)15 | ||||||
| DLEV = 24,000 F | ||||||
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