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Variances

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Variances

  • This topic has 2 replies, 2 voices, and was last updated 11 years ago by John Moffat.
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  • Author
    Posts
  • November 18, 2014 at 3:22 pm #211018
    Steven
    Member
    • Topics: 22
    • Replies: 15
    • ☆

    Hi Sir, not sure how you arrived to the answer of question 8 chapter 22

    A company operates a standard marginal costing system. Last month actual fixed overhead expenditure was
    2% below budget and the fixed overhead expenditure variance was $1,250.
    What was the actual fixed overhead expenditure for last month?
    A $61,250
    B $62,475
    C $62,500
    D $63,750

    Thanks

    November 18, 2014 at 3:38 pm #211022
    Steven
    Member
    • Topics: 22
    • Replies: 15
    • ☆

    Hi Sir ok got it! 🙂 thanks anyway!

    November 18, 2014 at 4:42 pm #211062
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54796
    • ☆☆☆☆☆

    Glad you sorted it 🙂

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