Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) 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