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Budgeting help needed!

CookiexCookiex New MemberRegistered Posts: 9
Hello everyone. I am doing the practice assessment 1 (Osborne book)

Task 1.4 (B)

How do I work out the variable production overhead for May.

Thank you for your help :)

Comments

  • SandyHoodSandyHood Font Of All Knowledge Registered, Moderator Posts: 2,034
    Does your question look anything like part (c) of Q9 of this practice exam?
    http://www.rtanet.com/osborne6/q9.asp
    Sandy
    [email protected]
    www.sandyhood.com
  • CookiexCookiex New Member Registered Posts: 9
    Thank you for the reply. On the Osborne website it looks like question Q11.
  • Jo ClarkJo Clark Font Of All Knowledge Registered Posts: 2,525
    Question 11 of Budgeting Test 1 or 2?
    ~ An investment in knowledge always pays the best interest ~
    Benjamin Franklin
  • Jo ClarkJo Clark Font Of All Knowledge Registered Posts: 2,525
    Hello Cookie

    If it is Test 1 - http://www.rtanet.com/osborne6/q11.asp

    Take the total variable production overhead for the year (20,000), divide by the number of units made in the year (100,000) then multiply this up by the number of units made in May (8,000).

    The answer being 1,600.

    Hope this helps.


    JC
    ~ An investment in knowledge always pays the best interest ~
    Benjamin Franklin
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