The following information relates to Lika manufacturing company for the year 2023 Budget output 50,000 units budgeted

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The following information relates to Lika manufacturing company for the year 2023

Budget output 50,000 units

budgeted direct materials 2,000,000

budgeted direct labour (25,000 hrs.) 500,000

budgeted overheads 1,000,000

calculate the overheads absorption rate (OAR) based on

units of the output
direct labour hours
percentage on direct materials cost
percentage on direct labour cost
percentage of prime cost

Related Book For answer-question

Management and Cost Accounting

ISBN: 978-1408093887

8th edition

Authors: Colin Drury

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Posted Date: Apr 11, 2024 12:18 AM

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The following information relates to Lika manufacturing company for the year 2023 Budget output 50,000 units budgeted

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Management and Cost Accounting

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