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The formula to estimate Labour Mix variance is

a. Total standard labour cost of actual output - Total actual cost of actual output
b. (Standard rate per hour - Actual rate per hour) * Actual Hours
c. (Revised standard time - Actual time) * Standard rate
d. Abnormal idle hours * Standard hourly rate

In case only actual data and standard data are given without any indication of output

a. Standard quantity has to be calculated


b. Standard quantity has not to be calculated
c. Inadequate information
d. None of the abov

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