Q-5: Engro Foods premium food processors. The following are some manufacturingoverhead data for Engro for the year ended December 3, 2019:ManufacturingActualFlexibleAllocatedEstimatedOverheadResultsRs. 51,480350,210BudgetRs. 79,950343,980AmountRs. 79,050AmountRs. 79,050390,680VariableFixedBudgeted number of output units: 588Estimated number of output units: 600Planned al location rate: 3 machine-hours per unitActual number of machine-hours used: 1170380,250Allocated number of machine-hours: 1150Static-budget variable manufacturing overhead costs: Rs. 72,324Estimated Budget variable manufacturing overhead costs: Rs. 70,000Compute the following quantities (you should be able to do so in the prescribed order):1. Budgeted number of machine-hours planned.2. Budgeted fixed manufacturing overhead costs per machine-hour.3. Budgeted variable manufacturing overhead costs per machine-hour.4. Budgeted number of machine-hours allowed for actual output produced.5. Actual number of output units.6. Actual number of machine-hours used per output unit.

Manufactured overhead is the entire cost of running all of a manufacturing company's production…

Engro Foods premium food processors. The following are some n ead data for Engro for the year ended December 3, 2019: facturing Actual Flexible Allocated Est ead Results Budget Rs. 79,950 343,980 Amount Am Rs. 51,480 350,210 eted number of output units: 588 ated number of output units: 600 ed al location rate: 3 machine-hours per unit I number of machine-hours used: 1170 ble Rs. 79,050 380,250 Rs. 390 ted number of machine-hours: 1150 -budget variable manufacturing overhead costs: Rs. 72,324 ated Budget variah manufacturing overbead costs: Rs 70.00

Engro Foods premium food processors. The following are some n ead data for Engro for the year ended December 3, 2019: facturing Actual Flexible Allocated Est ead Results Budget Rs. 79,950 343,980 Amount Am Rs. 51,480 350,210 eted number of output units: 588 ated number of output units: 600 ed al location rate: 3 machine-hours per unit I number of machine-hours used: 1170 ble Rs. 79,050 380,250 Rs. 390 ted number of machine-hours: 1150 -budget variable manufacturing overhead costs: Rs. 72,324 ated Budget variah manufacturing overbead costs: Rs 70.00

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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