# PREVIOUS YEAR SOLVED PAPERS - UGC NET Management December 2019

>>>>>>UGC NET Management December 2019

• A

Rs.29,202 unfavorable  • B

Rs.1,202 unfavorable  • C

Rs.1,200 favorable  • D

Rs.15,202 favorable  • A

Rs.26,000 favorable  • B

Rs.20,000 unfavorable  • C

Rs.28,000 favorable  • D

Rs.29,000 unfavorable  • Option : B
• Explanation : Material Quantity Variance
= [(SQ × AO) – (AQ ×AO)] × SP
= (100000 – 104000) × 5
= 20,000 (Unfavourable).

• A

Rs.20,600 unfavourable  • B

Rs.52,600 favourable  • C

Rs.48,600 favourable  • D

Rs.52,000 favourable  • Option : D
• Explanation : Direct Material Price Variance
= Actual Quantity used (Standard Price – Actual Price)
= 104000 (5 – 4.50)
= 104000 (0.5) = 52000 (F).

• A

Rs.4,800 unfavourable  • B

Rs.4,200 favourable  • C

Rs.4,800 favourable  • D

Rs.1,200 unfavourable  • Option : A
• Explanation : We multiply the excess direct labour hours by the standard wage rate to calculate the variance. This gives an adverse variance of £13,500. The formula for calculating the labour efficiency variance is:
the labour efficiency variance is equal to the difference between the standard labour hours for actual production (SH) and the actual labour hours worked (AH) during the period multiplied by the standard wage rate per hour (SR):
(SH – AH) × SR.
Labour Efficiency Variance
= SR (SH – AH)
Where SR = Standard wage rate per hours
SH = Standard Labour hours for actual production
AH = Actual hours worked
= 20(2000 – 2240)
= 20 (–240) = 4800 (UF).

• A

HR Approach  • B

Contingency Approach  • C

Systems Approach  • D

Interactionalism Approach  