hii friends plzzzzzzz tell me what time should we consider while calculating machine hour rate if setting up time is productive or unproductive or nothing is mentioned or repairs & maint. is given???? What should v done while calculating standing & variable charges....
4 Replies
Vikrant
(Chartered Accountant)
(601 Points)
Replied 04 January 2011
machine hour rate= total annual factory overheads
no. of machine hours
Vikrant
(Chartered Accountant)
(601 Points)
Replied 04 January 2011
if productive hrs and unproductive hrs are given then all the overheads are to be recovered by the productive hrs only...
Vikrant
(Chartered Accountant)
(601 Points)
Replied 04 January 2011
repairs and maintenance are to be included in the factory overheads only....
Vikrant
(Chartered Accountant)
(601 Points)
Replied 04 January 2011
standing and variable charges are nothing else but kinds of factory overheads....
all of them have to be added for calculating annual factory overheads.
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