Here I have solved the second problem of idle time where we need to calculate the Effective Hourly Rate and Allocate Wages to Jobs.

In this question there is normal idle time as well as abnormal idle time.

This is Illustration 2 of the ICAI Study Material.

Labour Costing Chapter Playlist
https://youtube.com/playlist?list=PLVjZhvcpvcGosEwWqeIRkbClTiivKcCzI&si=OuB6brlgF4BfHmQ5

This is for the students of B.COM, BBA, CA INTER, CMA and any other accounting courses which has this chapter in its syllabus.

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