indicate the basis you would adopt for apportionment of the following items of overh 559070

Aug 29, 2021 | Uncategorized

  1. Indicate the basis you would adopt for apportionment of the following items of overhead expenses to different departments:
    1. Factory rent
    2. Factory lighting
    3. Power
    4. Depreciation of plant and machinery
    5. Insurance of plant and machinery, and fire insurance of stock
    6. Welfare expenses
    7. Material handling charges
    8. Indirect material
    9. Indirect wages
    10. Supervision
    11. Repairs to plant
    12. Insurance of building
    13. Staff recreation
    14. Canteen expenses
    15. Creche expenses
    16. Employer’s contribution to ESI
    17. Employer’s contribution to PF
    18. Stores expenses
    19. Sundry expenses