CA (Chartered Accountancy)
Calculate the departmental overhead rate for each of the production departments.
P Q R S T
Direct wages 7,000 6,000 5,000 1,000 1,000
Direct materials 3,000 2,500 2,000 1,500 1,000
Employees 200 150 150 50 50
Electricity 8,000 6,000 6,000 2,000 3,000
Light points 10 15 15 5 5
Assets value 50,000 30,000 20,000 10,000 10,000
Area occupied 800 600 600 200 200
The expenses for 6 months were:
Stores overhead Rs. 400 Depreciation Rs. 6,000 Motive power Rs. 1500, Repairs & Maintenance Rs. 1,200, Electric lighting 200, General overheads, Rs. 10,000, Labour welfare Rs. 3000 Rent Rs. 600.
Reallocation:
Depts: P Q R S T
S 20% 30% 40% - 10%
T 30% 30% 20% 20% -
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