Can I read MAC2601 Accounting Analysis Summary on EtoBox?

MAC2601 Accounting Analysis Summary by DINEO PRUDENCE NONG is a document available to read on EtoBox.

What is MAC2601 Accounting Analysis Summary about?

1. The labor rate variance was unfavorable at R400,000 due to the actual labor rate being higher than the standard rate. 2. The labor efficiency variance was neither favorable nor unfavorable as the actual hours worked at the standard rate equaled the standard hours allowed at the standard rate. 3. The total labor variance was unfavorable at R400,000 due to the unfavorable labor rate variance. 4. The material price variance for Material CTA 1 was favorable at R1,000 (R24-R25)x500kg.

Author

DINEO PRUDENCE NONG

Language

EN