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CIMA Exam CIMAPRA17-BA2-1 Topic 1 Question 2 Discussion

Actual exam question for CIMA's CIMAPRA17-BA2-1 exam
Question #: 2
Topic #: 1
[All CIMAPRA17-BA2-1 Questions]

Refer to the Exhibit.

AM Ltd. makes and sells a single product for which the standard cost information is as follows:

Budgeted production for the period is 30000 units.

The actual results for the period were as follows:

What is the variable overhead expenditure variance?

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Suggested Answer: D

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