Question
What is the value of per unit of inventory if the firm
uses absorption costing? Direct material cost per unit = Rs.3 Direct Labour cost per unit = Rs.4 Variable overheads are absorbed as 50% of direct labour cost Fixed production overheads = Rs.120,000 Budgeted production = 20,000 unitsSolution
Absorption costing valuation of inventory = fixed cost + variable cost Here, variable cost = direct material + direct labour + variable O/H = 3 + 4 + (50% of 4) = 9 Fixed cost per unit = (Fixed production overheads/ Budgeted production) = (120000/ 20000) = 6 Â Therefore, value of inventory as per absorption costing = 9 + 6 = Rs.15 per unit
Highest Ca present in which manure?
National Goat Research Institute is located at -
Which of the following is not a breed of cattle?
Common exit point for faeces and urine in poultry birds is____
Highest milk yielding cow breed
Read the statements and then find the correct answer.
i.                    Striated muscles are voluntary muscles.
i...
Feed additives have been used for animals which include fungal and bacterial cultures from both ruminal and non-ruminal sources are called?
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Which hormone is primarily responsible for inducing broodiness in hens during natural incubation?
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