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The following facts have been extracted from the standard cost card for product X: Rs./unit Variable overhead 4 machine hours @ Rs.8.00/hour 32.00 2 labour hours @ Rs. 4.00/ hour 8.00 Fixed overhead 20.00 During October 20X7, 5,450 units of the product were made compared with a budgeted production target of 5,500 units. The actual overhead costs incurred were: Rs.
Machine-related variable overhead 176,000 Labour-related variable overhead 42,000 Fixed overhead 109,000 The original number of machine hours was 22,000 and the real number of labour hours was 10,800. Requirements: (a) Measure the overhead cost variances in as much detail as possible from the data given(b) Describe the meaning of, and discuss the variable overhead variances that you have calculated. .
Determine the Incremental Cost A company currently makes a component that has the given unit cost structure Direct Material Shs. 100
Blue sky Company's 12-31-13 balance sheet reports assets of $5,000,000 and liabilities of $2,000,000. All of the book value's are the same as the market values except for land, wh
Change in Fixed Cost In graph yx shows the existing profit curve for a company along with a fixed cost OY break=-even point B, margin of safety M; profit SX whereas sales volu
Bedovin Company manufactures office tables and chairs using the job order cost system
in what ways does specific order costing differ from process costing
Marginal Cost (MC): The marginal cost of an additional unit of output is the cost of the additional inputs required to make that output. More formally, the marginal cost is the
BEP- Break Event Point: It shows no Loss and no Profit The level of activity at which, total revenues equivalent total costs. A point at which there is no profit and no loss.
What are the five accounts used in adjusting entry for periodic inventory at the end of the year?
what could it cost the fezas to launder?show your detailed culculation
budget preparation
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