what is ccr rate

2 Answers   IBM,

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The Tabula Manufacturing Company has been in business for one month. At the end of month the company had the following accounts: Materials used K 5 000.00 Direct labour 10 000.00 Indirect labour 3 000.00 Indirect materials 2 000.00 Labour fringe benefits 1 000.00 Supervisor’s salary 1 000.00 Depreciation Machinery 2 000.00 Miscellaneous factory overhead 1 000.00 Heat and light 500.00 Insurance on plant 1 500.00 The company processed two jobs during the month with costs as follows: Job 101 Job 102 Materials cost K3 000.00 K2 000.00 Direct labour cost K6 000.00 K4 000.00 Direct labour hours 4 000.00 3 000.00 Machine hours 2 000.00 1 000.00 The company does not use a predetermined rate for factory overhead. The rate is computed at the end of each month. Required Use both the direct labour hours and machine hours to compute: 1) The overhead rates for the month (5 pts) 2) The overhead cost for each job (5pts) 3) The total cost for each job (10 pts) 4) Briefly describe the difference between Job order and process costing, citing relevant examples (5 pts).

0 Answers  

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Does anyone have any other recent Factset interview questions?? what other types of technical questions do they ask consultants?

0 Answers   FactSet Systems,

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What is the journal entry for paying 50000 rs. To xyz co. For professional fees after deducting tds on that.

7 Answers   Genpact,

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1.recivable and payble 2.pf,tds,esi

0 Answers  

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What is balance sheet and off balance sheet?

0 Answers  

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Wht is the differance between Trade discount and cash Discount?

6 Answers  

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what is the meaning of prepaid&accruals in accounting?

1 Answers   AFI,

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what is Journal entry or Journal Voucher

9 Answers   DuPont,

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What is BRS Adjustment entry?

0 Answers   Accenture,

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differ the revenue expenditure and capital expenditure

1 Answers  

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The parties to joint venture is called_________ (a) Co-venturers (b) Partners (c) Principal & Agent (d) Friends

1 Answers  

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