Question
Some overhead charges tends to vary almost directly with the volume, Some tend to remain constant with the volume, some again vary in part with
Some overhead charges tends to vary almost directly with the volume, Some tend to remain constant with the volume, some again vary in part with the volume and in part remain constant. This statement describes sequentially the following:
a. Variable,Fixed and Semi Variable Overheads
b. Semi Variable, Variable and Fixed Overheads
c. Variable, Semi Variable and Fixed Overheads
d. Fixed, Semi Variable and Variable Overheads
Modern industries used OMR 85,000 Material in its production process for the month of November 2020.Amount paid to labourers OMR 50,000;Total of Indirect expenses of the company is OMR 45,000;Labour hours worked in the company 40,000 hours and the machine in operation for 35,000 hours. Identify Direct Labour Hour Rate from the following given options.
a. OMR 0.889
b. OMR 1.111
c. OMR 1.125
d. OMR 0.900
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