Question
In a job order company, factory overheads are allocated
using machine hours. Actual overhead = ₹5 lakh, standard overhead based on actual hours = ₹6 lakh. What is the overhead variance?Solution
When actual overhead < absorbed overhead, it results in under-absorption. ₹6L (absorbed) – ₹5L (actual) = ₹1L under-absorbed.
In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is /are definitely true and t...
Statements: R < S = K < T ≤ F; T > E; I = T ≤ W
Conclusions:
I. W > K
II. F ≥ R
III. R < F
In the question assuming the given statements to be true, find which of the conclusion(s) among given three conclusions is/are definitely true and then...
Statements: B > C = D > H ≥ A; B ≤ D = F ≤ E < G
Conclusions:
I. H < E
II. B ≤ E
...In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is /are definitely true and t...
In which of the following expressions does the expression ‘L > B’ and ‘R < N’ is true?
Statements: X @ Y % M % N; M $ P $ Z
Conclusions : I. Y % Z II. X @ N �...
Statements: W > O > E ≤ N > P; L ≥ U; P > Q = R > U
Conclusions:
I. N > U
II. P > U
III. P < L
IV....
In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is /are definitely true and t...
In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is /are definitely true and t...
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