Accountancy, asked by sanidhyaxyz5, 4 months ago

ST-EJAZ SIR - OVIRIEADS & PROCESS COSTING
Riddle 65
Cost of A cost centre in a factory furnishes the following working conditions:
Normal working week
Number of machines(one worker operates one machine)
Normal weekly loss of hours on maintenance etc.
Estimated annual overhead
Estimated direct
wage rate
Number of weeks worked per year
Actual results of a 4 week period are:
Overheads incurred
40hrs.
15
4hrs. per machine
Rs. 1,55,520
Rs.3 per hour
481
18
Rs. 15,000
Rs.7.000
2,200
Wages incurred
Machine-hours produced
You are required to:
(a) Calculate the overhead rate per machine-hour, and
(b) Calculate the amount of under or over-absorption of both wages and overhead
Answer​

Answers

Answered by mrswagatkhatei2001
3

Answer:

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