G Ltd repairs electronic calculators. The wages budget for the last period was bases on a standard repair time of 24 minutes per calculator and a standard wage rate of $10.60 per hour.
Following the end of the budget period, it was reported that:
|
Number of repairs |
31 000 |
|
Labour rate variance |
$3100 (A) |
|
Labour efficiency variance |
Nil |
Based on the above information, the actual wage rate during the period was
A $10.35 per hour
B $10.60 per hour
C $10.85 per hour
D $11.10 per hour
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