nounthe cost of labour calculated to produce a product according to specification, used to measure estimates
Related information about standard direct labour cost:
- What is standard direct labour cost? definition and meaning
Definition of standard direct labour cost: nounthe cost of labour calculated to produce a product according to specification, used to measure estimates.
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The setting up of standard direct labour cost will depend upon the following factors: a) Methods of Production: Standardized methods of production will be ...
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Standard Direct Labour Cost Per Unit. Standard direct ... For Xonic, Inc., the standard direct labour cost per litre of Weed-O is $20 ($10.00 per hour × 2.0 hours).
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between the standard direct labour cost of the output, which has been produced and the actual direct labour cost incurred (standard hours produced multiply by ...
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Standard direct labour cost per hour N$22,00. Standard direct labour time per unit 12 minutes. Standard material content 3 kilograms. Standard material cost per ...
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Jun 6, 2012 ... REQUIRED (a) Using the attainable standard for Period 6, calculate the: (i) (ii) standard direct labour cost per unit of product (for each operation ...
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The standard direct labour cost was made up of the standard time to produce multiplied by the standard cost of a unit of labour. Typically this contained the cost ...
- INSIGHT - The Institute of Chartered Accountants of Nigeria
(Standard Direct Labour Cost – Actual Direct Labour Cost). (48,100 x N4,880) ( 48,000Hrs x N5000). N234,728,000 240,000,000 = N5,272,000 (A). (c.) Variable ...