Revision Kit Q50(All Premire Services)

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June 11, 2010 at 10:47 am #44544
obuahmed
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The examiner asks for an operating statement for one week, so why does not he divide the overheads by 52 in the suggested answer? I believe the overheads given are for one year.
June 11, 2010 at 10:52 am #63723
obuahmed
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This is Dececmber 2001 Question
June 11, 2010 at 3:58 pm #63725
John Moffat
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Just above the table of information, the question says “fixed and variable costs are for a complete week”.

So there is no need to divide by 52.
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