Mathematics · Cost Accounting
A company uses a standard absorption costing system. Last month, budgeted production was 10,000 units, and the standard fixed production overhead cost was $5 per unit. Actual production was 12,000 units, and actual fixed production overhead cost was $55,000. What was the fixed production overhead volume variance?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1$10,000 Favourable✓
- 2$10,000 Adverse
- 3$12,000 Favourable
- 4$5,000 Favourable
Correct answer
$10,000 Favourable
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Cost Accounting MCQs →Want more practice questions on Cost Accounting?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Cost Accounting