Standard costing

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Primble
Primble Registered Posts: 734 Epic contributor 🐘
i know i have always struggled on this but i think i'm getting there. i just don't understand why things like labour efficiency would need to be in £s as i always want to stop at the difference in hours.

why do they not say please work out the cost of the labour efficiency varience? i would remember to carry on with the question then!

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  • Marga
    Marga Registered Posts: 981 Epic contributor 🐘
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    Primble wrote: »
    i know i have always struggled on this but i think i'm getting there. i just don't understand why things like labour efficiency would need to be in £s as i always want to stop at the difference in hours.

    why do they not say please work out the cost of the labour efficiency varience? i would remember to carry on with the question then!


    Hi

    a way of remembering for me is that labour means workers and workers wouldnt do anything if we wouldnt pay them so i calculate the hours and the £ ....
  • jewels.p
    jewels.p Registered Posts: 1,774 Beyond epic contributor 🧙‍♂️
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    I hate Labour Budgets!
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