Basic Accounting Lectures » Factory Overhead

Factory overhead Problems, Practice Questions, MCQs

admin — Sun, 06 Dec 2009 12:05:08 +0000

Title: Factory Overhead (cost accounting)

Type: True False

Number of questions: 10 (version 1)

Minimum percentage to Pass test: 70%

Time limit for each question: Yes (20 seconds)

Each True/False carry: 5 marks.

Downloadable: Yes

Download This (highly recommended)

Variances|Factory Overhead

admin — Thu, 08 Oct 2009 09:31:40 +0000

Different FOH variances and their formula are given below In the Pictorial printable lecture. A check to ensure you have done the question right is also given.You can download this Tutorial by right clicking on the picture and save target as

FOH Variances

thanks

Types Of Rates !Factory Overhead

admin — Thu, 08 Oct 2009 09:29:33 +0000

There are two types of rates.
1) Blanket Rates
This is the rate used for the whole organization. Every department in the organization use single Rate.

2)Departmental Rates
In the departmental rate method, every department calculates its own rate.
In the tutorial, this concept is demonstrated very clearly.

You can download this Tutorial by right clicking on the picture and save target as

Thanks

Types Of Capacity

admin — Thu, 08 Oct 2009 09:28:43 +0000

What is Capacity?

A capacity is that amount of plant and machinary and personell with which a manger plans to conduct a business.

What is Volume?

Volume which is variable factor in business, is another name of Activity.

What are types/levels Of Capacity.

There are four levels of capacity, namely (1) theoratical, (2) practical, (3) expected actual and (4) normal.

Bases For FOH Rate

admin — Thu, 08 Oct 2009 08:00:14 +0000

In order to determin the FOH Rate, Different bases are used.
All these bases are given in this lecture/tutorial.

You can download this Tutorial by right clicking on the picture and save target as