What is the value of per unit of inventory if the firm uses absorption costing?
Direct material cost per unit = Rs.3
Direct Labour cost per unit = Rs.4
Variable overheads are absorbed as 50% of direct labour cost
Fixed production overheads = Rs.120,000
Budgeted production = 20,000 units
Absorption costing valuation of inventory = fixed cost + variable cost Here, variable cost = direct material + direct labour + variable O/H = 3 + 4 + (50% of 4) = 9 Fixed cost per unit = (Fixed production overheads/ Budgeted production) = (120000/ 20000) = 6 Therefore, value of inventory as per absorption costing = 9 + 6 = Rs.15 per unit
The date after which a food product is not advisable to be marketed as its quality may have diminished, but may still be safe to consume is its:
Green house technology is introduced in Indian during
Light intensity at which photosynthesis and respiration are equal is known as:
Micronutrients are better absorbed and more bioavailable from:
How much boron concentration (mg/kg) is unsafe for plant growth?
Which grain can a gluten intolerant person safely consume?
Green manuring crop having stem nodule is:
The bitter taste in brinjal fruit is due to?
viroid consists of
Method of extreme form of minimum tillage where primary tillage is completely avoided and secondary tillage is restricted to row zone or seed bed zone o...
