Actual fixed overhead : ₹22,400 Budgeted fixed overheads : ₹20,000 Actual hours worked : 28,000 Budgeted hours : 40,000 Fixed overhead expenditure variance is —

CS Executive · Cost and Management Accounting · PYQS · December 2015
Actual fixed overhead : ₹22,400 Budgeted fixed overheads : ₹20,000 Actual hours worked : 28,000 Budgeted hours : 40,000 Fixed overhead expenditure variance is —
(A) ₹2,800 (A)
(B) ₹2,400 (A)
(C) ₹2,400 (F)
(D) ₹2,800 (F).

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Standard Costing

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