The records of a manufacturing company reveals the following information : Budgeted production for Dec. : 400 units Budgeted variable overhead : ₹8,000 Standard time for one unit : 25 hours Actual production for Dec. : 3
CS Executive · Cost and Management Accounting · PYQS · December 2020
The records of a manufacturing company reveals the following information : Budgeted production for Dec. : 400 units Budgeted variable overhead : ₹8,000 Standard time for one unit : 25 hours Actual production for Dec. : 300 units Actual hours worked : 7600 hours Actual variable overhead : ₹6,840 Variable Overhead Expenditure Variance is :
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Standard Costing
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