89. Overhead cost variance is ₹9,000 (A), overhead expenditure variance is ₹2,000 (A) and overhead efficiency variance is ₹3,000 (F). In this case, overhead capacity variance is:
CS Executive · Cost and Management Accounting · PYQS · June 2021
89. Overhead cost variance is ₹9,000 (A), overhead expenditure variance is ₹2,000 (A) and overhead efficiency variance is ₹3,000 (F). In this case, overhead capacity variance is:
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Standard Costing
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