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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
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
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