Question: SOURCE: ADAPTED FROM CIMA P1 MANAGEMENT ACCOUNTING PERFORMANCE EVALUATION X Ltd operates a standard costing system and absorbs xed overheads on the basis

SOURCE: ADAPTED FROM CIMA P1 – MANAGEMENT ACCOUNTING – PERFORMANCE EVALUATION X Ltd operates a standard costing system and absorbs xed overheads on the basis of machine hours. Details of budgeted and actual gures are as follows:

What is the xed overhead expenditure variance?
R190 000 favourable R250 000 adverse R300 000 adverse R490 000 favourable

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