on 08-03-2017 9:56 AM
Finished Product is :Music Player
Components In the Bill of Material
Back Panel @ $25
Front Panel @ $25
Internal Drive @ $70
Tasks In the Routing
Setup Hours 1h @ $20
Labor Hours 3h @ $20
Machine Hours 4h @ $25
Overhead Rates
Material OH 25%
Labor OH 25%
Machine OH 75%
Admin OH 25%
Total Standard Cost: $500,Total Material Cost: $120,Total Activity Cost: $180,Total Overhead Cost: $200
Doubt:How to apply Admin Overhead Rate and necessary configurations
I Got 420 as in standard cost estimate.
Material cost: 120
Material OH: 30
Labour Cost :60
Labour OH:15
Machine Cost:100
Machine Overhead:75
Setup Cost:20
Admin Overhead?: I didn't know how to configure.For reference click on link and see page 20 in Pdf
Can you suggest me in below case how to apply admin overhead 25% in standard cost estimate and In production Order and how to give base in costing sheet
Thanks
Hari lalam.
Hi,Please respond any one
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