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Q.2. A Company has made the following data available from its accounting records: a. F.O.H rate = Estimated F.O.H Rs6,00,000 Estimated Direct Labor Hours 200,000
Q.2. A Company has made the following data available from its accounting records: a. F.O.H rate = Estimated F.O.H Rs6,00,000 Estimated Direct Labor Hours 200,000 = Rs.3 per DLH b. 2/3rd of the above calculate rate is variable cost oriented. c. C. During the year, the company worked 210,000 Direct Labor Hours and actual factory overhead expenditure were Rs.6, 31,000. Required: 1. The Spending variance 2. Idle capacity Variance
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