Numerical - Calculate variable overhead expenditure variance & fixed overhead variance

Q.  Given budgeted output, number of working days, fixed overheads and variable overheads are 15,000 units, 25, Rs 30,000 and Rs 45,000 respectively. The actual output, number of working days, fixed overheads and variable overheads are 16,000 units, 27, Rs 30,500 and Rs 47,000, respectively. The increase in capacity is 5%. Determine variable overhead expenditure variance and fixed overhead variance, respectively.
- Published on 19 Oct 15

a. Rs 1,500 and Rs 1,000 favorable
b. Rs 1,500 and Rs 1,000 unfavorable
c. Rs 1,000 and Rs 1,500 unfavorable
d. Rs 1,000 and Rs 1,500 favorable

ANSWER: Rs 1,000 and Rs 1,500 favorable

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    Discussion

  • pirakash   -Posted on 01 Mar 24
    i want the explanation

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