Speel & Pooley Limited's overhead budget for the 20X5 financial year includes the following totals for fixed overheads: Estimated production and sales for the year is 750 000 units.Each unit requires1.3 machine hours.Production overhead is recovered per machine hour.
What is the budgeted production overhead recovery rate for 20X5 (to the nearest penny)?

Question

Speel & Pooley Limited's overhead budget for the 20X5 financial year includes the following totals for fixed overheads:  Estimated production and sales for the year is 750 000 units.Each unit requires1.3 machine hours.Production overhead is recovered per machine hour.
What is the budgeted production overhead recovery rate for 20X5 (to the nearest penny)?

Quizplus · Accepted Answer

The Answer of Speel & Pooley Limited's overhead budget for the 20X5 financial year includes the following totals for fixed overheads:  Estimated production and sales for the year is 750 000 units.Each unit requires1.3 machine hours.Production overhead is recovered per machine hour.
What is the budgeted production overhead recovery rate for 20X5 (to the nearest penny)?

Speel & Pooley Limited's Overhead Budget for the 20X5 Financial