+- Accountancy Forum (https://www.accountancy.com.pk/forum)
+-- Forum: The Profession (https://www.accountancy.com.pk/forum/forum-the-profession)
+--- Forum: Students (https://www.accountancy.com.pk/forum/forum-students)
+--- Thread: Help me!!!!!!!!!!!!! (/thread-help-me--912)
Help me!!!!!!!!!!!!! - zainxp - 06-19-2004
Dear members,
My name is Zain and i am a student of C.A.T. I am new in this forum.
I am facing difficulty in solving the following problem if some one
knows the proper solution kindly post to the group forum.
question
--------
The following information is available about an organization and its
products.
Budgeted fixed overhead £150,000
Budgeted number of units of product A 4,000
Budgeted number of units of product B 7,000
Standerd hours for production of a unit of A 2
Standerd hours for production of a unit of B 1
Actual overhead £154,000
Actual hours worked 14,000
Actual units produced A 3,600
Actual units prodused B 7,500
---------------------------------------------------------------------
Required
(a) Calculate the total overhead variance.
(b) Calculate the expenditure and volume varainces
---------------------------------------------------------------------
Regards,
Zain