Dear all

If one has got registration voluntarily under sales tax law and if his turnover has not exceeded Rs.3 lacs whether it is compulsory to file accounts with sales tax or not. Kindly guide me.

Thank you

Ardmore Enterprises uses a standard cost system in its small appliance division. The standard cost of manufacturing one unit of Zeb is as follows.

Materials – 60 pounds at $1.50 per pound $90

Labor – 3 hours at $12 per hour $36

Factory overhead – 3 hours at $ 8 per hour $24

Total standard cost per unit $150

The budgeted variable factory overhead rate is $3 per labor hour, and the budgeted fixed factory overhead is $27,000 per month. During May, Ardmore produced 1,650 units of Zeb compared to a normal capacity of 1,800 units. The actual cost per unit was as follows.

Materials – 58 pounds at $1.65 per pound $95.7

Labor – 3.1 hours at $12 per hour $37.2

Factory overhead – $39930 per 1650 units $24.20

Total standard cost per unit $157.10


What is flexible budget overhead variance for May ?


Correct Answer is $1,920 favorable.


I am getting the answer 330 unfavourable arrived as under


Actual F. oh : 39930

Actual qty * std. rate = 1650*24 = 39600

Difference of above two = 330 unfavourable



Please anyone help me solve this problem to arrive at correct answer of 1920 favourable.

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