A consultancy business has budgeted for sales of 15,000 hours per year, for which its total costs are £750,000 (comprising £600,000 fixed costs and variable costs of £10 per hour. In fact, it sells only 12,500 hours in the year. The standard cost per hour is:
Answer to relevant QuestionsA full-time student pays £10,000 for tuition, incurs £6,000 for accommodation and meals, £1,000 for text books and is forced to give up work which earned her £8,000. Calculate the cost of the student’s education and ...Ace Training Company employs 10 trainers with a total salary of £300,000 and oncosts of 15%. Each trainer has six weeks per year leave and averages 3 days out of each working week delivering training courses. The standard ...a. Calculate the overhead rate for each of departments A, B and C and calculate the product cost for HiVol and LoVol. b. Calculate the activity-based overhead rate for each cost pool and calculate the product cost for HiVol ...a. Calculate the total budget b. Calculate cost driver rates c. Estimate the cost for a job requiring 15 days of design and 150 screens, records and reports The division of a multinational corporation shows sales of £2.1 million, variable cost of sales of £1.3 million and divisional overheads of £600,000 – 60% of which is deemed controllable by the division and the other ...
Post your question