ABC had P400,000 budgeted fixed overhead costs and based its standard on normal activity of 40,000 units. Actual fixed overhead costs were P430,000, actual production was 36,000 units, and sales were 30,000 units. The volume variance was a. P 30,000 b. P 40,000 c. P 70,000 d. P 77,777

ABC had P400,000 budgeted fixed overhead costs and based its standard on normal activity of 40,000 units. Actual fixed overhead costs were P430,000, actual production was 36,000 units, and sales were 30,000 units. The volume variance was a. P 30,000 b. P 40,000 c. P 70,000 d. P 77,777

Name: 45. ABC had P400,000 budgeted fixed overhead costs and based its stand
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Description: 45. ABC had P400,000 budgeted fixed overhead costs and based its standard on normal activity of 40,000 units. Actual fixed overhead costs were P430,000, actual production was 36,000 units, and sales were 30,000 units. The volume variance wasa. P 30,0

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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