BANK SEBI Grade A Phase 1 & Phase 2 Mock Test 2024 Accounting and Auditing Cost and Management Accounting Standard costing
An unfavourable overhead volume variance indicates that:
1
Total fixed overhead has exceeded the standard budgeted amount
2
Variable overhead per unit has exceeded the standard budgeted amount
3
Actual production was less than the normal level of output .
4
Actual production was more than the normal level of output
5
None of the above