Fixed overhead volume variance-Fixed overhead efficiency variance = ?

CS Executive · Cost and Management Accounting · PYQS · December 2021
Fixed overhead volume variance-Fixed overhead efficiency variance = ?
(A) Fixed overhead calendar variance
(B) Fixed overhead capacity variance
(C) Fixed overhead expenditure variance
(D) Fixed overhead idle time variance

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Variance Analysis

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