18. The following data were taken from the cost records for the week ended on 31st March, 2021: Budgeted fixed overhead ₹1400 Standard output for 40 hours per week 1400 units Actual output 1200 units Actual hours worked
CS Executive · Cost and Management Accounting · PYQS · June 2021
18. The following data were taken from the cost records for the week ended on 31st March, 2021: Budgeted fixed overhead ₹1400 Standard output for 40 hours per week 1400 units Actual output 1200 units Actual hours worked 32 If the actual fixed overhead was ₹1500, the capacity variance is:
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Standard Costing
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