Following are the data obtained from the books of a manufacturing company with respect to variable overheads:

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Budgeted production: 600 units.

Budgeted variable overhead: Rs. 15,600.

Standard time for 1 unit: 20 hours.

Actual production: 500 units.

Actual hours worked: 9,000 hrs.

Actual variable overhead: Rs. 14,000.

Compute variable-overhead variances?

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Cost Accounting

ISBN: 9788131732076

1st Edition

Authors: V. Rajasekaran, R. Lalitha

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Question Posted: Jun 16, 2024 04:07 AM

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Following are the data obtained from the books of a manufacturing company with respect to variable overheads:

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Cost Accounting

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