If Actual Fixed Overhead Was £164,000 and There Was a £4,800

question 55

Multiple Choice

If actual fixed overhead was £164,000 and there was a £4,800 favourable spending variance and a £1,000 unfavourable volume variance, budgeted fixed overhead must have been

• A)£168,800.
• B)£167,800.
• C)£165,000.
• D)£163,000.
• E)£159,200.

---

Definitions:

Offeree

The party to whom the offer is made.

Rejected

Refers to being dismissed or turned down, typically in response to a proposal, offer, or application.

Minor

An individual under the legal age of adulthood, whose rights and responsibilities are restricted and partially under the guardianship of parents.

Voidable

A term used in contract law to describe an agreement that remains valid until one party chooses to cancel or void it due to certain defects or circumstances at the time of execution.