The following data obtained from the cost records of CS Limited: Item Standard Actual Output in units 40,000 50,000 Hours worked 2,500 2,400 Fixed Overheads ₹6,00,000 ₹9,00,000 Fixed Overhead Volume Variance will be :
CS Executive · Cost and Management Accounting · PYQS · December 2018
The following data obtained from the cost records of CS Limited: Item Standard Actual Output in units 40,000 50,000 Hours worked 2,500 2,400 Fixed Overheads ₹6,00,000 ₹9,00,000 Fixed Overhead Volume Variance will be :
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Standard Costing
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