Subject: Cost managent & accounting Compute the missing figures Standard Variances Actual a) Rs. 50,000 Rs. 5,000 Adverse ? b) Rs. 90,000 Rs. 10,000 Favourable ? c) Rs. 100,000 Nil ? d) ? Rs. 12,000 Adverse Rs. 82,000 e) ? Rs. 20,000 Favourable Rs. 100,000

Subject: Cost managent & accounting Compute the missing figures Standard Variances Actual a) Rs. 50,000 Rs. 5,000 Adverse ? b) Rs. 90,000 Rs. 10,000 Favourable ? c) Rs. 100,000 Nil ? d) ? Rs. 12,000 Adverse Rs. 82,000 e) ? Rs. 20,000 Favourable Rs. 100,000

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter8: Standard Costs And Variances

Section: Chapter Questions

Problem 18MC: A flexible budget______. A. predicts estimated revenues and costs at varying levels of production B....

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Question

Subject: Cost managent & accounting

Compute the missing figures
Standard Variances Actual
a) Rs. 50,000 Rs. 5,000 Adverse ?
b) Rs. 90,000 Rs. 10,000 Favourable ?
c) Rs. 100,000 Nil ?
d) ? Rs. 12,000 Adverse Rs. 82,000
e) ? Rs. 20,000 Favourable Rs. 100,000

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