CIMA P1 Question Answer
Budgeted sales and production for Product X for this period are 12,000 units.
The standard cost and selling price for a single unit of the product are:

The fixed production overhead expenditure variance is:
CIMA P1 Question Answer
Budgeted sales and production for Product X for this period are 12,000 units.
The standard cost and selling price for a single unit of the product are:

The fixed production overhead expenditure variance is: