At 60% level of production the amount of factory overhead is ₹40,000 (40% fixed). At 100% level of production it amounts to: (A) ₹16,000 (B) ₹24,000 (C) ₹40,000 (D) ₹56,000
CS Executive · Cost and Management Accounting · PYQS · December 2017
At 60% level of production the amount of factory overhead is ₹40,000 (40% fixed). At 100% level of production it amounts to: (A) ₹16,000 (B) ₹24,000 (C) ₹40,000 (D) ₹56,000
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Budgeting
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