Records of Zed Ltd. reveal the following data: Fixed overhead capacity variance = ₹3,000 (F) Fixed overhead efficiency variance = ₹3,000 (F) Fixed overhead expenditure variance = ₹2,000 (A) Fixed overhead cost variance w

CS Executive · Cost and Management Accounting · PYQS · June 2019
Records of Zed Ltd. reveal the following data: Fixed overhead capacity variance = ₹3,000 (F) Fixed overhead efficiency variance = ₹3,000 (F) Fixed overhead expenditure variance = ₹2,000 (A) Fixed overhead cost variance will be:
(A) ₹6,000 (F)
(B) ₹2,000 (A)
(C) ₹4,000 (F)
(D) ₹2,000 (F)

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Standard Costing

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