A company's wage budget for the last month was based on a standard production time of 30 minutes per unit and a standard wage rate of 50 per hour.…

CA Intermediate · Cost and Management Accounting · PYQS · January 2026
A company's wage budget for the last month was based on a standard production time of 30 minutes per unit and a standard wage rate of 50 per hour. During the last month, it produced 30,000 units. The labour rate variance was - 7,500 adverse and the labour efficiency variance was nil. What is the actual wage rate per unit during the last month?
(A) ₹ 50.00
(B) ₹ 25.50
(C) ₹ 50.50
(D) ₹ 25.25

Suggested Answer and Working Notes:

Correct Answer: Option (D)

₹ 25.25

Topics: Standard Costing, Budgets and Budgetary Control

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic