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Hey there!
I am doing Dec.2007 question- Edward Co. and i need help in calculating the fixed production overheads per unit if you could assist me in there.
I managed to calculate variable overheads using the high low method.You say that you have calculated the variable overheads OK – they are $20 per hour.
If you look at month 1, the total overheads are 620,000. The variable overheads total 19,000 x 20 = 380,000. So the fixed overheads in total are 620,000 – 380,000 = 240,000.
(you can get the same figure by looking at month 2 instead).In a typical year, the work 240,000, or 240,000/12 – 20,000 per month.
So the fixed overheads are 240,000 / 20,000 = $12 per unit.
Hi there I just want to ask you a quick question, I am doing a module in uni that is similar or in fact same F5 paper. one thing I notice is that our December 2014 MCQ paper have questions that I found in the F5 paper of 2014. so if both paper are made at the same time or ACCA board does F5 paper a bit early. please let know about this also is there anyway I can find F5 2015 MCQ paper.
Thanks
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