Carsley plc manufactures `grats'. The following information is available concerning fixed overhead expenditure for the year ended
Question:
Carsley plc manufactures `grats'. The following information is available concerning fixed overhead expenditure for the year ended 31 March 2015.
Calculate fixed overhead variances for the production of grats.
Transcribed Image Text:
Budgeted Actual Fixed overheads 84 000 81 300 Direct labour hours 12 000 11 000 Standard labour hours 12 000 11 200
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To calculate the fixed overhead variances we need to use the following formulas Fixed Overhead Budge...View the full answer
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Related Book For
Accounting For Cambridge International AS And A Level
ISBN: 9780198399711
1st Edition
Authors: Jacqueline Halls Bryan, Peter Hailstone
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