Cost Accounting
This query is : Resolved
17 December 2009
Can any one please help me to solve the given problems:
1.Budgeted factory overheads=Rs.16,50,000
Factory overheads incurred during the month=Rs.16,20,300
Absorbed overheads during the month=Rs.16,17,100
Budgeted labor hours=50,000hrs
The actual labor hour worked for the month=?
1.Budgeted factory overheads=Rs.16,50,000
Factory overheads incurred during the month=Rs.16,20,300
Absorbed overheads during the month=Rs.16,17,100
Budgeted labor hours=50,000hrs
The actual labor hour worked for the month=?
CMA Ramesh Krishnan
(Expert)
20 December 2009
Budgetted Over haed rate Rs.33 (1650000/50000)
Absorbed overhaed Rs,1617100
Actual wokring hours= 1617100/33 = 49003 hrs
Absorbed overhaed Rs,1617100
Actual wokring hours= 1617100/33 = 49003 hrs
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