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5 2 REQUIRED Use the information provided below to calculate the following variances. In each case state wheter the varance is favourable or unfavourable. 5
REQUIRED
Use the information provided below to calculate the following variances. In each case state wheter the varance is favourable or unfavourable.
Variable manufacturing overheads efficency variance
Variable manufacturing ovemeads expendiure variance
Fixed manufacturing overheads volume variance
INFORMATION
Regal Manufacturers, which produces Product provided the foloning information for April t:
Budgeted figures:
tableVariable manufacturing overteads,R per labour hourFixed manufacturing overheads,RLabour hours,Expecled production, uniss
Actual results:
tableVariable manufacturing overheads,RFixed manufacturing overheads,RLabour hours worked,Actual production, urits
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