The following information of a manufacturing company are presented below: ➢ Actual hours worked 8,200 ➢ Fixed overhead (8,000 hours Normal Capacity)…
2024 · Solved Question with Answer
The following information of a manufacturing company are presented below:
➢ Actual hours worked 8,200
➢ Fixed overhead (8,000 hours Normal Capacity) Rs 64,000
➢ Actual production 400 units
➢ Standard hours per unit 20
➢ Standard overhead rate per standard hour Rs 15
➢ Actual overhead incurred Rs 122,000
Required: Overhead Capacity Variance
