Mism
Nov 11, 2008, 05:05 AM
i need some body help me on this
q) followinf is the information of the groub company . the standerd data of the company to produce DVD's as follws:
Materials 2Kg @ RO 2 per kg
Labour 0.08 hours @2.50 per hour
Variable Overheads 0.08 hours @ 1 per hour
Fixed overheads 0.75 hours @2 per hour
During the period 7000 DVD's . were produced . this was 500 more than anticipated
Actual data is given as follwos:
material purchsed and used (37645kg) @ .9 per kg 33,880
Labour worked and paid (640 hours) @ 2.41 per hour 1,554
Variable overhead 627
Fixed overhead 1,220
Requied :
1-Material proce and usge varinces
2- Labour rate efficiency varinces
3- variable overhead expenditure and efficiency variances
4- fixed overhead expenditure and volume, variances
5- comment briefly on the causes of each varince
q) followinf is the information of the groub company . the standerd data of the company to produce DVD's as follws:
Materials 2Kg @ RO 2 per kg
Labour 0.08 hours @2.50 per hour
Variable Overheads 0.08 hours @ 1 per hour
Fixed overheads 0.75 hours @2 per hour
During the period 7000 DVD's . were produced . this was 500 more than anticipated
Actual data is given as follwos:
material purchsed and used (37645kg) @ .9 per kg 33,880
Labour worked and paid (640 hours) @ 2.41 per hour 1,554
Variable overhead 627
Fixed overhead 1,220
Requied :
1-Material proce and usge varinces
2- Labour rate efficiency varinces
3- variable overhead expenditure and efficiency variances
4- fixed overhead expenditure and volume, variances
5- comment briefly on the causes of each varince