Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Variable Overhead Expenditure Variance
Budget for December 2003;
Shs.
Fixed Overheads
11,480
Variable Overheads
13,120
Labour Hours
3,280 hours
Standard Hours of Production
Actual Results for December 2003
12,100
Actual Variable Overheads
13,930
Actual Labour Hours
3,150/hours
= Actual Variable Overheads - (Actual labour hours x V.O.A.R)
= Shs.13, 930 - (3,150 x 4)
= Shs.13, 930 - Shs.12,600
= Shs.1, 330 Unfavourable
The variance is unfavourable since we spent more than allowed.
Q. What was the amount of cash a firm collected from its customers, given the following fact set? The firm's balance sheets at the beginning and end of the year show gross accou
what are the concept and objectives of cost accounting?
what is a cost sheet? what are its advantages?
A co has a standard costing system. the following are avaiable for september: actual quantity of direct materials purchased and used: 20,000 pounds Standard price of direct mater
Three of the cost items that are included in the production overhead for a factory for a period are: Machine maintenance labour $33,600 Power
process costing new practices
Cost Units - Terms Used in Cost Accounting It is the quantitative units of the service or product in relation to those costs are ascertained. The cost unit will be determined
The following is a summary of a cash book for the year ended 31 April 2012 Payments $ Receipts $
XYZ Pvt Ltd is a private company incorporated in Australia, and manufactures handbags. The opening balance of XYZ Pvt Ltd's franking account on 1 July 2010 was $nil. During the 201
what are importance of cost classification
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd