AB Co. Ltd. is having a standard-costing system in operation for quite sometime. The following data relating
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AB Co. Ltd. is having a standard-costing system in operation for quite sometime. The following data relating to the month of April 2010 are available from the cost records:
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Output (in units) Operating hours Fixed overheads (Rs.) Variable overheads (Rs.) Working days Budgeted Actual 30,000 32,500 30,000 33,000 45,000 50,000 60,000 68,000 25 26 You are required to work out the relevant variances (on the basis of output)
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