Question 21
The following information is available for ABCManufacturing:
Standards:
Direct materials (2m @ R5) R10
Direct labour (0.5h @ R10p/h) R5
Actual results for the year
Production 6000 units
Direct materials (11750m purchased andused) R61 100
Direct labour (2 900 hours) R29580
Management allows a 5% variance from standards
Spending variable overhead variance is the?
Select one:
a. Difference between the actual variable overhead rate and thestandard variable overhead rate
b. All of the options are correct
c. Actual price of the product and the standard price of theproduct
d. Spending overhead and the efficiency overhead
Question 22
The following information is available for ABCManufacturing:
Standards:
Direct materials (2m @ R5) R10
Direct labour (0.5h @ R10p/h) R5
Actual results
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