The standard overhead rate per unit of product is as follows: Variable, 20 + Fixed (30,000 4

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The standard overhead rate per unit of product is as follows: Variable, ₹20 + Fixed (₹30,000 4 3,000), ₹100 = ₹120.

Standard time for producing each unit of output is 10 hours. During a period, the following actual data is available:

Hours worked, 27,000; Output, 2,600 units.

Overheads = Variable, ₹50,000 + Fixed, ₹2,80,000 = ₹3,30,000.

Calculate different overheads variances, including efficiency variance and capacity variance.

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Management Accounting Text Problems And Cases

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Authors: M Y Khan, P K Jain

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Question Posted: Mar 08, 2024 11:00 PM

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The standard overhead rate per unit of product is as follows: Variable, 20 + Fixed (30,000 4

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Management Accounting Text Problems And Cases

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