Calculate fixed overheads volume variance from the following data: Standard Actual Output (in units) 8,000 10,000 Working hours 5,000 4,800 Fixed overheads ₹40,000 ₹60,000 Correct answer option is —

CS Executive · Cost and Management Accounting · PYQS · December 2015
Calculate fixed overheads volume variance from the following data: Standard Actual Output (in units) 8,000 10,000 Working hours 5,000 4,800 Fixed overheads ₹40,000 ₹60,000 Correct answer option is —
(A) ₹9,000 (F)
(B) ₹10,000 (F)
(C) ₹11,000 (F)
(D) ₹8,000 (F).

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Standard Costing

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