Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Illustration 34 A factory incurred the following expenditure in 1978 Rs. Direct Materials 50,000 Direct Wages 30,000 Factory Overheads Fixed 15,000 Variable 10,000 25,000 1,05,000

image text in transcribed

Illustration 34 A factory incurred the following expenditure in 1978 Rs. Direct Materials 50,000 Direct Wages 30,000 Factory Overheads Fixed 15,000 Variable 10,000 25,000 1,05,000 In 1979 it is expected that- (a) There will be an increase in output on account of 50% more workers. (6) Efficiency will come down by 10% on account of employ- ment of new workers. (c) There will be increase of 20% in fixed overheads. (d) Cost of Direct Materials will come down by 5%. Variable overheads vary with number of workers employed. Draw up the budget for 1979

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting For Biological Assets

Authors: Rute Goncalves, Patricia Teixeira Lopes

1st Edition

1032096225, 9781032096223

More Books

Students also viewed these Accounting questions

Question

Able to describe variations in rewards practices.

Answered: 1 week ago