Solution-Find budgeted fixed factory overhead

Find budgeted fixed factory overhead

Reference no: EM132562456

Factory overhead absorption rate of Ali Manufacturing Company is Rs. 3 per hour. Budgeted overhead for 10,000 hours per month is Rs. 30,000 and for 16,000 hours per month is Rs. 42,000. Actual factory overhead for the month is Rs. 44,000 and actual volume is 15,000 hours.

REQUIRED:

Question (1) Variable factory overhead rate.

Question (2) Budgeted fixed factory overhead.

Question (3) The capacity hours at which factory overhead applied rate is computed.

Question (4) Applied factory overhead.

Question (5) Under or overapplied factory overhead.

Question (6) Budget variance.

Reference no: EM132562456

Questions Cloud

What methods of instruction work best with learning style : Enhancing employees' knowledge through training and development is crucial in today's marketplace. Employees who receive training will improve their skills.

Provided to produce privacy-related matrix : Analyze a key IT-related organizational ethical issue and complete the template provided to produce a privacy-related matrix,

Compute the first-year depreciation expense on the land : Compute the first-year depreciation expense on the land improvements assuming a five-year life and double-declining-balance depreciation

Discuss how the international monetary fund : Identify a country and discuss how the International Monetary Fund, the World Bank or the United Nations has limited its sovereignty.

Find budgeted fixed factory overhead : Find Budgeted fixed factory overhead. The capacity hours at which factory overhead applied rate is computed. Under or overapplied factory overhead.

Develop a plan for evaluation of training effectiveness : Develop a plan for evaluation of training effectiveness including both short-term and long-term evaluation where appropriate. Your presentation must be.

Compute Loks total asset turnover for Year : Lok Co. reports net sales of $5,434,000 for Year 2 and $8,054,000 for Year 3. Compute Lok's total asset turnover for Year 2 and Year 3

Explain the impact of an impairment loss : An impairment test is considered necessary to ensure that the reporting entity's assets are not overstated. Explain the impact of an impairment loss

What transpired during the workplace incident : What transpired during the workplace incident? How did you handle the situation? What worked?

User Account

All Pages

Find budgeted fixed factory overhead

Reference no: EM132562456

Reference no: EM132562456

Questions Cloud

Reviews

Write a Review

Cost Accounting Questions & Answers

Cost accounting assignment

Prepare the journal entries

Advise as to the liability of all the parties

Prepare revenues budget

Effect of exchange rate changes on cash and cash

Corporate governance

Cost-benefit analysis

Non-annual interest rates and annuities

Job costing in service organizations

Accounting for bad debt expense

Accounting and partnership problems

Development of relevant cash flows

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT