Blanket overhead rate is: (a) One single overhead absorption rate for the whole factory (b) Rate which is blank or nil rate (c) rate in which multiple overhead rates are calculated for each production department, service department etc. (d) Always a machine hour rate

Blanket overhead rate is:

(a) One single overhead absorption rate for the whole factory

(b) Rate which is blank or nil rate

(c) rate in which multiple overhead rates are calculated for each production department, service 

department etc.

(d) Always a machine hour rate
by

1 Answer

Answer :

One single overhead absorption rate for the whole factory
by

Related questions

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A company manufactures a single product for which cost and selling price data are as follows: Selling price per unit - Rs. 12 Variable cost per unit - Rs. 8 Fixed cost for a period - Rs. 98,000 Budgeted sales for a period - 30,000 units

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Last Answer : (a) 4.55%

Calculate the labour turnover rate according to replacement method from the following: No. of workers on the payroll: - At the beginning of the month: 500 - At the end of the month: 600 During the month, 5 workers left, 20 workers were discharged and 75 workers were recruited. Of these, 10 workers were recruited in the vacancies of those leaving and while the rest were engaged for an expansion scheme. (a) 4.55% (b) 1.82% (c) 6% (d) 3%

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