The data given below : Standard Actual Labour hours 10,000 12,000 Variable overheads ₹2,000 ₹3,000 Units output 5,000 4,000 Variable Overhead Expenditure variance will be:

CS Executive · Cost and Management Accounting · PYQS · June 2017
The data given below : Standard Actual Labour hours 10,000 12,000 Variable overheads ₹2,000 ₹3,000 Units output 5,000 4,000 Variable Overhead Expenditure variance will be:
(A) ₹600 (A)
(B) ₹700 (A)
(C) ₹600 (F)
(D) ₹700 (F)

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Standard Costing

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