Question

(a) ABC Ltd. has furnished the following information regarding the
overheads for the month of June 2020:
(i) Fixed Overhead Cost Variance 12,800 (Adverse)
(ii) Fixed Overhead Volume Variance 2,000 (Adverse)
(iii) Budgeted Hours for June, 2020. 2,400 hours
(iv) Budgeted Overheads for June, 2020 12,000
(v)Actual rate of recovery of overheads *8 Per Hour
From the above given information
Calculate :
(1) Fixed Overhead Expenditure Variance
(2) Actual Overheads Incurred
(3)Actual Hours for Actual Production
(4) Fixed Overhead Capacity Variance
(5) Standard hours for Actual Production
(6) Fixed Overhead Efficiency Variance​

Answer 1

Answer:

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