Question 1: Khwaish has following details to calculate the questions asked below Direct materials 10 kg @ '90 per kg 4500 Direct labour a hours @ 100 per hour 10000 Variable Overhead 8 hours @ 15 per hour 120 Fixed Overhead 400 2,220 Budgeted output for the year was 2,000 items. Actual output is 1,800 items. Actual cost for year is as follows: Direct Materials 17,800 Kg 92 per kg. 16,37,600 Direct Labeur 14,000 hours @ 104 per hour 14,56,000 Variable Overhead incurred 2,17,500 Fixed Overhead incurred 5,68,000 Comment Question 1: Khwaish has following details to calculate the questions asked below Direct materials 10 kg @ '90 per kg 4500 Direct labour a hours @ 100 per hour 10000 Variable Overhead 8 hours @ 15 per hour 120 Fixed Overhead 400 2,220 Budgeted output for the year was 2,000 items. Actual output is 1,800 items. Actual cost for year is as follows: Direct Materials 17,800 Kg 92 per kg. 16,37,600 Direct Labeur 14,000 hours @ 104 per hour 14,56,000 Variable Overhead incurred 2,17,500 Fixed Overhead incurred 5,68,000 Comment