Calculate the spending variance and idle capacity variance

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Reference no: EM132840670

Question - Following data of ABC Company is available:

Estimated total FOH: Rs. 500,000 (40% fixed, 60% variable)

Estimated production: 200,000 units

Actual production: 210,000 units

Actual FOH: Rs. 520,000

Required - Calculate the Spending variance and Idle capacity variance?

Reference no: EM132840670

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