Day 27/30 | Labour Variance in 1 Minute | CA Inter Costing | By CA Sumeet Maru

Follow Sumeet Sir's Telegram for more resources and updates: Does Labour Variance feel difficult to remember in exams? 😰 Let’s simplify it. In Day 27 of our 30-Day Revision Series, we break down Labour Variance Analysis into an easy and logical concept you can quickly apply in questions. This quick revision helps you understand how labour costs affect profitability and how businesses analyze differences between expected and actual performance. In this 1-minute revision, you’ll learn: ✅ What Labour Variance actually means ✅ Difference between Labour Rate Variance & Efficiency Variance ✅ How to identify Favorable vs Adverse variance ✅ The logic behind labour variance formulas 📌 The Logic: Standard Labour Cost vs Actual Labour Cost = Labour Variance 📌 Remember: Higher wage rate → Rate Variance More time taken → Efficiency Variance 📌 Understand the logic once—and variance questions become much easier to solve. Stay consistent—Day 28 coming next! 🚀 💬 For any inquiries Whatsapp US on 📌 Check our Website: 📞 Helpline Contact: 🔹️For more details Join Vsmart Official Channels: 👉🏻Telegram: 👉🏻Join WhatsApp Channel: 👉🏻Instagram: . . . . . . . . . #vsmartacademy #vsmartacademypune #caclasses #caintermediate #cainterclasses #bestcaclasses #icaistudents #caonlineclasses #caonlinelectures #costingrevision #revision #may2026