Mathematics · Cost Accounting
Consider an industry with the following features: Budgeted monthly fixed cost = Rs. 2,20,000 Normal monthly output = 12,000 standard labour hours Standard variable overhead rate = Rs. 25 per labour hour What would be the total factory overhead rate?
- 1Rs. 43.33 per labour hour✓
- 2Rs. 42.67 per labour hour
- 3Rs. 41.67 per labour hour
- 4Rs. 40.33 per labour hour
Correct answer
Rs. 43.33 per labour hour
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