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sir,a qu of mock xm says..
x plc,
budgeted production 13120unit
actual production 12920 unit
budgeted fixed o/h $ 45,920
act fixed o/h $ 48400
budgeted lab. hour 26240hr
act lab. hour 25200hr
what is the fixed o/h capacity variance??Why are you asking me for an answer? You must have an answer in the same book in which you found the question.
(Unless you are actually having to submit the exam, in which case we are certainly not here to take the exam for you.)You must watch our free lectures on variances – it is all explained there, and I cannot possibly type out the whole of the lectures here 🙂
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