Question
Following data has been extracted from the records of a manufacturing company whose operations are varying from month to month: Level of activity Maximum Minimum
Following data has been extracted from the records of a manufacturing company whose operations are varying from month to month:
Level of activity | Maximum | Minimum |
Machine Hours | 800,000 | 300,000 |
Manufacturing Overhead (Rs. in Lakhs) | 52 | 32 |
Determine the fixed and Variable components of manufacturing overheads.
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Financial Accounting and Reporting
Authors: Barry Elliott, Jamie Elliott
18th edition
1292162406, 978-1292162409
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