Match the following.
| List-I (Variances) | List-II (Causes) |
| a. Overhead efficiency variance | 1. Power failure |
| b. Overhead volume variance | 2. Appointing low grade employees |
| c. Labour idle time variance | 3. Poor working condition |
| d. Labour efficiency variance | 4. Working days being more or less than budgeted |
A. a-4, b-3, c-2, d-1
B. a-3, b-4, c-1, d-2
C. a-3, b-1, c-4, d-2
D. a-2, b-1, c-4, d-3
Answer: Option B
This Question Belongs to Management >> Management Accounting
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