Ali Company estimates its factory overhead for the next period-00109

Online Quiz This subjective question is related to the book/course vu bio302 Molecular Biology. It can also be found in vu bio302 Mid Term Solved Past Paper No. 1.

Question 1: Ali Company estimates its factory overhead for the next period at Rs. 64,000. It is estimated that 30,000 units will be produced at material cost of Rs. 65,000. Production will require 25,000 direct labor hours at an estimated cost of Rs. 130,000. The machine will run about 18,000 hours.
Required: the predetermined factory overhead rate based on:
Units of production
Direct labor hours
Machine hours
Direct labour cost
Material cost

Answer:

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