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# Osbourne books practice assessment 1

Registered Posts: 42
Hello,

I am stuck on one question and would be grateful is someone could help me please. Thank you in advance

You have the following information:
Standard cost per Kg of material £12.00
Actual cost of material £1,150
Favourable labour rate variance £40.00
Actual labour hours 125 hours
Actual cost of labour £2,460

Calculate the following:
The actual quantity of material used is ......kg
The standard labour rate per hour is £

• AAT Student, AATQB Posts: 264
edited January 2019
Material price variance
12x?-1150=-70
12x?=1080
? =1080/12=90kg

Labour rate variance

125hx?-2460=40
125x? =2460+40
? =2500/125=£20 per hour
AAT Level 2. 2018 Distinction
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