The following data is available for Akhil Ltd. for the year ended 31st March 2015: Administrative overheads : ₹2,50,000 Production overheads : ₹2,74,200 Factory cost : ₹3,42,800 Work-in-progress : ₹74,000 Machine hour :
CS Executive · Cost and Management Accounting · PYQS · June 2015
The following data is available for Akhil Ltd. for the year ended 31st March 2015: Administrative overheads : ₹2,50,000 Production overheads : ₹2,74,200 Factory cost : ₹3,42,800 Work-in-progress : ₹74,000 Machine hour : 4,000 hours The absorption rate for production overheads is —
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Overhead Costing
Related Questions in this Topic
- Which of the following is a service department?
- Blanket overhead rate is used in a factory:
- The under recovery or over recovery of overheads should be :
- The following information relates to a production department of Cheenu Limited : ₹ Material used 5,00,000 ...
- While allocating service departments costs to production departments which one of the following is not a method of re-di...