Use the information provided below to calculate the following overheads variances. In each case state whether the varian
Posted: Tue Jul 05, 2022 11:25 am
- Use The Information Provided Below To Calculate The Following Overheads Variances In Each Case State Whether The Varian 1 (42.91 KiB) Viewed 12 times
Use the information provided below to calculate the following overheads variances. In each case state whether the variance is favourable or unfavourable. Variable overheads efficiency variance 5.2.2 Variable overheads expenditure variance 5.2 5.2.1 5.2.3 Fixed overheads volume variance INFORMATION Supreme Manufacturers manufactures Product Vix. It provided the following information for March 2022: Budgeted figures: Variable manufacturing overheads Fixed manufacturing overheads Labour hours Expected production R6 per labour hour R240 000 12 000 hours 2500 units (2 marks) (2 marks) (4 marks)