Match the following: List-I (Variances) List-II (Causes) P. Overheads efficiency variance 1. Power failure Q. Overheads volume variance 2. Appointing low grade employees R. Labour idle time variance 3. Poor working condi
CS Executive · Cost and Management Accounting · PYQS · December 2015
Match the following: List-I (Variances) List-II (Causes) P. Overheads efficiency variance 1. Power failure Q. Overheads volume variance 2. Appointing low grade employees R. Labour idle time variance 3. Poor working conditions S. Labour efficiency variance 4. Working days being more or less than budgets Select the correct answer from the options given below — P Q R S
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Standard Costing
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