Answer to Question #86463 in Other for angiebrooks

Question

The monthly budget is per 1,000 cartons. The overhead expenses which are all Fixed are budgeted at sh 40,000 and selling price per 1kg packet of soap is sh
25. the following details relate to October 2007 when 1,200 cartons of soap
Were produced and sold

Ksh
Sales 1,200 cartons 552,000
Raw materials:
Tallow 10,800 kgs 129,600
Caustic soda 13200 kgs 198,000
Labour; 26,400 hours 145,200
Fixed overhead expenditure 42,000

REQUIRED: calculate

a) Price and usage variances each raw materials. (8 Marks)
b) Labour rate and efficiency variances. (3 Marks)
c) Sales price and volume variances. (5 Marks)
d) Overhead expenditure variances. (2 Marks)

Answer 1

Dear angiebrooks, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order