Nothing Special   »   [go: up one dir, main page]
Scribd Logo
Upload

Welcome to Scribd!

  • 13 views

    Management Acc. Assign.2 Kashif

    Uploaded by

    usman faisal
    This document provides financial information for various cost centers of an organization. It includes details of departmental floor areas, machinery values, employee counts, allocated overheads and usage of maintenance and store services. The solution section allocates and apportions overhead costs like central heating, repairs, depreciation, rent, canteen and insurance to departments based on floor area, machinery value and employee counts. Maintenance overhead is initially reapportioned and then reallocated based on hours worked and store requisitions. The document concludes with calculation of overhead absorption rates for departments A and B.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd

    Management Acc. Assign.2 Kashif

    Uploaded by

    usman faisal
    13 views2 pages
    This document provides financial information for various cost centers of an organization. It includes details of departmental floor areas, machinery values, employee counts, allocated overheads and usage of maintenance and store services. The solution section allocates and apportions overhead costs like central heating, repairs, depreciation, rent, canteen and insurance to departments based on floor area, machinery value and employee counts. Maintenance overhead is initially reapportioned and then reallocated based on hours worked and store requisitions. The document concludes with calculation of overhead absorption rates for departments A and B.

    Original Description:

    Copyright

    © © All Rights Reserved

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document provides financial information for various cost centers of an organization. It includes details of departmental floor areas, machinery values, employee counts, allocated overheads and usage of maintenance and store services. The solution section allocates and apportions overhead costs like central heating, repairs, depreciation, rent, canteen and insurance to departments based on floor area, machinery value and employee counts. Maintenance overhead is initially reapportioned and then reallocated based on hours worked and store requisitions. The document concludes with calculation of overhead absorption rates for departments A and B.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    13 views2 pages

    Management Acc. Assign.2 Kashif

    Uploaded by

    usman faisal
    This document provides financial information for various cost centers of an organization. It includes details of departmental floor areas, machinery values, employee counts, allocated overheads and usage of maintenance and store services. The solution section allocates and apportions overhead costs like central heating, repairs, depreciation, rent, canteen and insurance to departments based on floor area, machinery value and employee counts. Maintenance overhead is initially reapportioned and then reallocated based on hours worked and store requisitions. The document concludes with calculation of overhead absorption rates for departments A and B.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 2

    Name Kashif Shahzad

    ID 2183277
    Data
    Total ($)
    Central Heating 19200
    Direct Labour 8000
    General Repair Cost 9600
    Mechinery Depriciation 54000
    Rent & Rates 38400
    Canteen 9000
    Mechinery Insurance 25000
    Direct Material 20000

    Detail of each Department are as follows

    A B Maitenance Store Total


    Floor Area (m2) 6000 4000 3000 2000 15000

    Machinery Book Value ($000) 48 20 8 4 80


    Number of Employee 50 40 20 10 120

    Allocated Overheads ($0000) 15 20 12 5 52

    Service Departments were used as follows

    A B Maitnenance Store Total


    Maintenace Hours Worked 5000 4000 0 1000 10000
    Numbers of Store
    Requisitions 3000 1000 0 0 4000

    Machine Hours 10000 12000


    Solution
    Allocation and Apportionment Department Wise
    OH Basis A B Maitenance Store Total
    Central Heating Floor Area 7680 5120 3840 2560 19200
    General Repair Cost Floor Area 3840 2560 1920 1280 9600
    Mechinery Depriciation NBV 32400 13500 5400 2700 54000
    Rent & Rates Floor Area 15360 10240 7680 5120 38400
    Canteen No of Employee 3750 3000 1500 750 9000
    Mechinery Insurance NBV 15000 6250 2500 1250 25000
    Allocated OH 15000 20000 12000 5000 52000

    Total 93030 60670 34840 18660 207200


    Total (after reapportionment of Maintenance) 110450 74606 -22840 22144
    -15944
    Reapportionment
    Maintenace Hours Worked 17420 13936 -22840 3484 34840
    Numbers of Store
    Requisitions 16608 5536 0 0
    127058 80142 -10840 6200
    OAR of Department A & B
    ($/Hour) ($/Hour)
    OAR of Departments 12.7058 6.6785

    You might also like