STARNDARD COST CARD material 6kg @1,500 per kg , direct labour 5hr@20,000Tsh per hour, Overhead: variable 5hr@7000
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STARNDARD COST CARD material 6kg @1,500 per kg , direct labour 5hr@20,000Tsh per hour, Overhead: variable 5hr@7000 per hour, Fixed 5hrs @ 9000 per hr 2.actual data october 2019 output 990 units , material purchases 6,600kg costing Tsh 100,690,000 issued to production 6200kg, direct labour 500hrs@22,000 per hr, variable overhead incurred 44,000,000 3.Fixed overhead incurred 44,000,000, budgeted production1050 units
REQUIRED
- material price variance
- material usage variance
- direct labour rate
- direct labour efficiency variance
- variable overhead expenditure variance
- fixed overhead expenditure variance
- fixed overhead volume variance
Related Book For
Management Accounting
ISBN: 9781760421144
7th Edition
Authors: Kim Langfield Smith, Helen Thorne, David Alan Smith, Ronald W. Hilton
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