A company‘s production for the year ending 30.3.2011 is given below:
|
Items |
Production Departments |
Office |
Stores |
Work shop |
Total |
||
|
P1 |
P2 |
P3 |
|||||
|
Direct Wages |
Rs.20,000 |
25,000 |
30,000 |
|
|
|
75,000 |
|
Direct Materials |
Rs.30,000 |
35,000 |
45,000 |
|
|
|
1,10,000 |
|
Indirect Materials |
Rs.2,000 |
3,000 |
3,000 |
1,000 |
2,000 |
2,000 |
13,000 |
|
Indirect Wages |
Rs.3,000 |
3,000 |
4,000 |
10,000 |
10,000 |
5,000 |
35,000 |
|
Area in Square Meters |
200 |
250 |
300 |
150 |
100 |
250 |
1,250 |
|
Book value of Machinery |
Rs.30,000 |
35,000 |
25,000 |
|
|
15,000 |
1,05,000 |
|
Total H.P. of Machinery |
15 |
20 |
25 |
|
|
5 |
65 |
|
Machine Hours Worked |
10,000 |
20,000 |
15,000 |
|
|
5,000 |
50,000 |
General Expenses:
|
(i) Rent |
Rs.12,500 |
|
(ii) Insurance |
Rs.1,050 |
|
(iii) Depreciation |
15% of value of machinery |
|
(iv) Power |
Rs.3,800 |
|
(v) Light |
Rs.1,250 |
You are required to prepare an overhead analysis sheet for the departments showing clearly the basis of apportionment when necessary.