|
Overhead Cost Variance |
Rs. 1,400 (A) |
|
Overhead Volume Variance |
Rs. 1,000 (A) |
|
Budgeted hours |
1,200 hrs |
|
Budgeted Overhead |
Rs. 6,000 |
|
Actual Rate of Recovery of Overhead |
Rs. 8 per hr |
Calculate:
- Overhead expenditure variance.
- Actual overhead incurred.
- Actual hours taken for actual production.
- Overhead capacity variance.
- Overhead efficiency variance.
- Standard hours for actual production.