Overhead Analysis Flashcards
(3 cards)
1
Q
Overhead analysis table layout
A
Overheads
Basis of appointment
Total
Rate
Departments
2
Q
How to find overhead over/under absorption
A
Use overhead absorption rate on actual figures to find overheads absorbed
Compare to actual overheads
See if overheads absorbed is over or under
3
Q
Job cost statement layout
A
(Add everything)
Job cost statement for Job 99
Direct materials
X
Y
Z
Direct labour
A
B
C
Prime Cost
Overheads
L
M
N
Total cost
Profit margin
Selling price
