overhead analysis sheet, Managerial Accounting

Assignment Help:
Ask question #1.The annual overhead costs for Mona Claire Holdings which has three production centres and
two service centres as follows;
Indirect wages and supervision
Machine centres X $2 000 000
Y $ 2 000 000
Assembly $3 500 000
Stores $2 100 000
General Factory $1 810 000
Total $11 410 000

Indirect Materials
Machine Centres X $500 000
Y $805 000
Assembly $105 000
General Factory Support $400 000
Stores -
Total $1 810 000

Lighting and heating $1 500 000
Property Taxes $2 000 000
Insurance of Machinery $ 300 000
Salaries of works management $ 400 000
Total $5 450 000

Overall Total $18 670 000

The following information is available

X Y
Book value of machinery 8 000 5 000
Area occupied m 10 000 5 000
No of employees 300 200
Direct labour hours 10 000 10 000
Machine hours 20 000 8 000
Material requirements 4 000 3 000



Allocation Bases
Canteen number of employees
Premises maintenance floor area
Insurance of buildings Floor area
Depreciation of buildings Floor area
Depreciationof machinery Cost/ Book value of plant
Insurance of plant and replacement Book value

Required
Prepare the overhead analysis sheet (40)
#

Related Discussions:- overhead analysis sheet

Cost of carry model, Suppose the spot price for Euro is $1.30, the futures ...

Suppose the spot price for Euro is $1.30, the futures price for delivery in 6 months is $ 1.29675. Assume that the 6 month borrowing/lending rate in Euro is 1.5 percent (annually,

#, Describe the important role that the corporate level strategy has in rel...

Describe the important role that the corporate level strategy has in relation to the development of the business and functional strategy in a multi -business organization

Collection float, Collection float considers to the gap among the times, pa...

Collection float considers to the gap among the times, payment is made through the customer/debtor and the time while funds are obtainable for use in the company's bank account. In

State the working capital turnover ratio, State the Working capital turnove...

State the Working capital turnover ratio  Meaning: this ratio establishes a relation ship among net sales and working capital. Working capital turnover ratio shows the vel

How would you characterize the politics of food, Given the persistent probl...

Given the persistent problem with starvation in some parts of the world, and the anticipated population growth in developing nations, do we need genetically modified foods? Is it r

Explain discretionary fixed costs and semi variable costs, Discretionary fi...

Discretionary fixed costs and Semi variable costs Discretionary fixed costs are those which are incurred as a result of management discretion. These costs have two importan

Commercial paper, The CP introduced in the Indian financial market, for the...

The CP introduced in the Indian financial market, for the recommendations of the Vaghul Committee has turn into a well-liked debt instrument of the corporate world. Commercial Pape

Illustration of optimum cash balance, M/s Sunrise Industries estimates its ...

M/s Sunrise Industries estimates its net cash requirement at Rs. 20 million for the subsequent year. Opportunity cost fund is 15 percent per annum of the Companies. The company wil

Inventory control, INVENTORY CONTROL The activities of a business durin...

INVENTORY CONTROL The activities of a business during a financial year combine investment projects in progress with new projects commencing and others terminate within the year

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd