EPFO 2015 English Medium Solved Paper

Question : 82 of 120

Marks: +1, -0

Consider an industry with the following features
1. Budgeted monthly fixed cost = Rs.2,20,000
2. Normal monthly output = 12000 per standard labour hour
3. Standard variable overhead rate = Rs. 25 per labour hour
What would be the total factory overhead rate?

Rs. 40,33 per labour hour
Rs. 41.67 per labour hour
Rs. 42.67 per labour hour
Rs. 43.33 per labour hour

Validate

Solution:

Total factory overhead rate
= Standard variable overhead rate
+

[{\Budgeted \monthly \fixed \cost}/{\Normal \monthly \output}]

⇒

25+220000/12000=15+18.33

43.33 \per\labour \hour

Go to Question:

Prev Question

Next Question