Business
Business related articles
How To Calculate Idle Capacity Variance Of A Factory
May 29, 2015
How To Calculate Idle Capacity Variance Of A Factory
Idle Capacity Variance. The rate used for applying factory overhead is $1.50 per direct labor hour which is based on…
What Is Spending Variance And Idle Capacity Variance
May 29, 2015
What Is Spending Variance And Idle Capacity Variance
Let us understand, why and how under absorption and over absorption of factory overhead happens in the case of factory…
Applying Factory Overhead: Overhead Applied Account
May 28, 2015
Applying Factory Overhead: Overhead Applied Account
This post discusses the meaning of the difference between debits and credits in overhead applied as mentioned and analyzes the…
Difference Between General Ledger And Factory Ledger
May 28, 2015
Difference Between General Ledger And Factory Ledger
What are the sources do you think are there other than General ledger and Factory ledger in order to record…
Documents For Recording Actual Manufacturing Overhead
May 28, 2015
Documents For Recording Actual Manufacturing Overhead
Many documents are for Recording Actual Manufacturing Overhead as we have seen in industries. But the following documents are said…
Accounting For Manufacturing Overhead
May 24, 2015
Accounting For Manufacturing Overhead
Accounting for Manufacturing Overhead: In small or medium sized businesses Manufacturing overhead accounts have usually been kept in a subsidiary…
Basic Objective For Accumulating Actual Factory Overhead
May 24, 2015
Basic Objective For Accumulating Actual Factory Overhead
ACTUAL FACTORY OVERHEAD : Estimating the factory overhead, deciding upon the base and activity level to be utilized, and calculating…
How To Calculate Manufacturing Overhead Rate Per Machine Hour
May 24, 2015
How To Calculate Manufacturing Overhead Rate Per Machine Hour
The following system is presented to focus on How to Calculate Overhead Rate or calculate Factory Overhead per Machine Hour…
Absorption Costing And Variable Costing Methods
May 24, 2015
Absorption Costing And Variable Costing Methods
Absorption costing and variable costing methods: Inclusion or Exclusion of Fixed Overhead Items to Products-> Ordinarily, cost accounting procedures apply…
Expected Actual Capacity As The Level Of Capacity Utilization
May 23, 2015
Expected Actual Capacity As The Level Of Capacity Utilization
Expected Actual capacity utilization : The short-range or short-term planning and control approach, or expected actual capacity utilization concept, advocates…