The capacity variance is ₹52,000 (F), calendar variance is ₹24,064 (A). The volume variance will be —

CS Executive · Cost and Management Accounting · PYQS · June 2015
The capacity variance is ₹52,000 (F), calendar variance is ₹24,064 (A). The volume variance will be —
(A) ₹27,936 (F)
(B) ₹76,064 (A)
(C) ₹27,936 (A)
(D) ₹76,064 (F).

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Standard Costing

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